10
Apr
15:32
Taiwan scrap prices face competitive pressure
Scrap prices in Taiwan have held steady this week, with imported billets competing with scrap.
Major Taiwanese steel mill Feng Hsin Iron & Steel has suspended its scrap and rebar offers for this week, which are normally released every Monday. The steelmaker increased its scrap purchasing prices by TWD 200/t ($6.21/t) and lifted rebar sales prices by TWD 300/t last week. Its HMS 1 scrap purchase price was at TWD 10,900/tonne ($338/t), while the list p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous