13
Dec
12:39
Taiwanese scrap prices rise on released demand
Taiwan's scrap market has seen prices rise amid the gradual release of year-end demand and local steel mills’ demand outlooks peaking before the holidays.
Major local Taiwanese steel mill Feng Hsin Iron & Steel has increased its scrap purchasing prices and rebar sales prices by TWD 300/tonne ($9.5/t) this week. Its HMS 1 scrap purchase price was at TWD 11,500/t ($365/t), while the list price for #5 (5/8 inches or 15.875mm nominal diameter b…
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Anonymous
Very good overview of the weekly steel market.
Anonymous