13
Sep
15:31
Taiwanese scrap holds in quiet market
Taiwan's scrap market remained stable this week, with local steel sales recovering slightly due to steel mill promotions.
Major local Taiwanese steel mill Feng Hsin Iron & Steel has kept its scrap purchasing prices and rebar sales prices unchanged again for this week. Its HMS 1 scrap purchase price was at TWD 11,300/tonne ($353/t), while the list price for #5 (5/8 inches or 15.875mm nominal diameter base) rebar reached TWD 19,700/t ex-works.
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Anonymous
Very good overview of the weekly steel market.
Anonymous