08
Sep
11:58
Taiwan scrap market prefers domestic supply
The Taiwanese local scrap market has started to rebound this week, but imported scrap prices remain flat.
Major Taiwanese electric arc furnace mill Feng Hsin Iron & Steel has this week kept its rebar sales prices stable but increased scrap purchasing prices by TWD 200/tonne ($7.21/t). Its purchase price for HMS1 is at TWD 11,400/t ($411/t) and the list price for #5 (5/8 inches or 15.875mm nominal diameter base) rebar is at TWD 22,600/t ex-w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous