15
Nov
12:55
Taiwanese scrap prices gain, demand slows
Taiwan's scrap market prices rose this week, but buyers slowed down their purchasing to watch the trend.
Major local Taiwanese steel mill Feng Hsin Iron & Steel has raised its scrap purchasing prices and rebar sales prices by TWD 300/t ($9.4/t) each this week. Its HMS 1 scrap purchase price was at TWD 11,000/tonne ($345/t), while the list price for #5 (5/8 inches or 15.875mm nominal diameter base) rebar was TWD 19,400/t ($608) ex-works.
However,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous