15
Sep
12:59
Taiwan scrap prices improve on demand outlook
Taiwan's scrap prices have risen with the support of improving demand, and import prices this week have also rebounded.
Major Taiwanese electric arc furnace mill Feng Hsin Iron & Steel has this week lifted its rebar sales prices by TWD 200/tonne ($7.23/t) and increased scrap purchasing prices by TWD 300/t. Its purchase price for HMS1 is at TWD 11,700/t ($423/t) and the list price for #5 (5/8 inches or 15.875mm nominal diameter…
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Anonymous
Very good overview of the weekly steel market.
Anonymous