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24 Apr

Taiwan scrap prices remain firm, rebar sales rebound

Scrap prices in Taiwan have remained firm this week, supported by increased local rebar sales. Major Taiwanese steel mill Feng Hsin Iron & Steel has maintained its scrap and rebar offers for this week. Its HMS 1 scrap purchase price was at TWD 11,100/t ($340/t), while the list price for #5 (5/8 inches or 15.875mm nominal diameter base) rebar was at TWD 19,700/t ($604) ex-works. Rebar buyers in central and southern Taiwan have released some deman…
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