21
Jun
11:52
Taiwanese scrap gains on firm offers
Scrap prices in Taiwan have risen this week on the back of limited supplies and boosted steel sales.
Taiwanese local steel mill Feng Hsin Iron & Steel has increased its rebar prices and scrap purchasing prices respectively by TWD 300/tonne ($9.69/t) and TWD 200/t this week. Its HMS 1 scrap purchase price is at TWD 10,700/t ($345/t), while the list price for #5 (5/8 inches or 15.875mm nominal diameter base) rebar reached TWD 19,300/t ex-works.
Local …
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Kallanish Asia
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous