30
Aug
11:34
Taiwanese scrap holds steady near month-end
Scrap prices in Taiwan remained flat this week, and the stand-off between sellers and buyers has not yet given the market a clear direction.
Major local Taiwanese steel mill Feng Hsin Iron & Steel has kept its scrap purchasing prices and rebar sales prices unchanged for this week. Its HMS 1 scrap purchase price was at TWD 11,300/t ($354/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