22
Nov
15:06
Taiwanese scrap gains on firm demand
Taiwan's scrap market saw a rebound in prices this week, and improved expectations for rebar demand made for strong market sentiment.
Major local Taiwanese steel mill Feng Hsin Iron & Steel has maintained its scrap purchasing prices and rebar sales prices unchanged this week. Its HMS 1 scrap purchase price was at TWD 11,000/tonne ($348/t), while the list price for #5 (5/8 inches or 15.875mm nominal diameter base) rebar was TWD 19,400/t ($614) ex-…
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Anonymous
Very good overview of the weekly steel market.
Anonymous