26
Jun
15:12
Taiwanese scrap prices hold firm
Taiwan's scrap market has been quiet this week, with prices little changed as rain and steel mill production cuts dampened demand.
Major Taiwanese steel mill Feng Hsin Iron & Steel has again maintained its scrap and rebar offers this week. Its HMS 1 scrap purchase price is at TWD 10,500/tonne ($322/t), while the list price for #5 (5/8 inches or 15.875mm nominal diameter base) rebar is at TWD 19,100/t ($585) ex-works. The steelmaker kept prices un…
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Anonymous
Very good overview of the weekly steel market.
Anonymous