17
Aug
15:36
Taiwan scrap prices rise as sentiment improves
The recovery of the global scrap steel market and the improvement in Taiwan's local rebar sales have driven up prices in the Taiwanese local scrap market.
Many Taiwanese mills have successively raised their scrap purchase prices and rebar sales prices since last week. For example, local EAF mill Feng Hsin Iron & Steel has lifted its rebar sales prices and scrap buying prices by TWD 400/tonne ($13/t). Its purchase price for HMS1 is quoted at TWD 9,700/…
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Anonymous
Very good overview of the weekly steel market.
Anonymous