24
Apr
10:52
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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Anonymous
Very good overview of the weekly steel market.
Anonymous