06
Mar
11:04
Taiwanese scrap prices inch lower
The Taiwanese scrap market has seen a decline in local and imported prices this week, with weak demand hampering a recovery.
Major Taiwanese steel mill Feng Hsin Iron & Steel cut its scrap purchasing prices and rebar sales prices each by TWD 300/t ($9.49/t) this week. Its HMS 1 scrap purchase price was TWD 10,700/t ($338/t), while the list price for #5 (5/8 inches or 15.875mm nominal diameter base) rebar was at TWD 19,400/t ($614) ex-works. Some loca…
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Anonymous
Very good overview of the weekly steel market.
Anonymous