29
Nov
13:09
Taiwanese scrap rises on year-end demand outlook
Taiwanese scrap prices have been rising for a third consecutive week on firm bookings from Turkey and year-end demand expectations.
Major local Taiwanese steel mill Feng Hsin Iron & Steel has increased its scrap purchasing prices by TWD 200/t ($6.4/t) and rebar sales prices TWD 300/t ($9.6/t) this week. Its HMS 1 scrap purchase price was at TWD 11,200/tonne ($358/t), while the list price for #5 (5/8 inches or 15.875mm nominal diameter base) rebar was…
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Anonymous
Very good overview of the weekly steel market.
Anonymous