01
Jun
12:50
Taiwanese EAFs cut scrap, CSC expands rolling mill
Taiwanese electric arc furnace mills have lowered domestic scrap procurement prices in recent days in order to remain competitive, Kallanish notes. The mills are facing competition from low-priced billet imports. At the same time, they are planning production cutbacks amid higher power rates during the summer season.
Feng Hsin Iron & Steel dropped its domestic scrap buying prices by TWD 300/tonne ($9.8/t) on Thursday. This is the second price drop this week, m…
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Anonymous
Very good overview of the weekly steel market.
Anonymous