02
Nov
12:18
Taiwanese scrap prices keep declining
Taiwan's scrap market has maintained its decline this week, with lower international raw material prices and weak steel demand leading to a drop in purchasing.
Local electric arc furnace producer Feng Hsin Iron & Steel has decreased its rebar sales prices by TWD 400/tonne ($12/t) and scrap buying prices by TWD 300/t this week. Its purchase price for HMS1 is at TWD 10,600/t ($329/t) and the list price for #5 (5/8 inches or 15.875mm nominal diamete…
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Anonymous
Very good overview of the weekly steel market.
Anonymous