27
Mar
10:26
Taiwanese scrap rebounds, sentiment picks up
The Taiwanese scrap market has rebounded this week, with the upcoming increase in electricity tariffs providing support to rebar prices, Kallanish notes.
Major Taiwanese steel mill Feng Hsin Iron & Steel has kept its scrap purchasing prices and rebar sales prices stable this week. Its HMS 1 scrap purchase price is at TWD 10,700/tonne ($333/t), while the list price for #5 (5/8 inches or 15.875mm nominal diameter base) rebar is at TWD 19,200/t ($599) e…
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Anonymous
Very good overview of the weekly steel market.
Anonymous