04
Jan
13:41
Taiwan scrap prices rise on firm demand
Taiwan's scrap market has started to rise as more demand was released this week, after a pause due to holidays last week, Kallanish notes.
Local electric arc furnace producer Feng Hsin Iron & Steel suspended offering last week but increased its rebar sales prices and scrap buying prices by TWD 200-300/tonne ($6.5-9.7/t) this week. Its purchase price for HMS1 is now at TWD 11,500/t ($365/t) and the list price for #5 (5/8 i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous