21
Feb
14:10
Taiwanese scrap falls after holiday
Taiwan's scrap market saw both import and local prices fall in the first trading week after the Lunar New Year holiday.
Major Taiwanese steel mill Feng Hsin Iron & Steel cut its scrap purchasing prices and rebar sales prices by TWD 200/tonne ($6.34) and TWD 300/t respectively this week. Its HMS 1 scrap purchase price was at TWD 11,200/t ($355/t), while the list price for #5 (5/8 inches or 15.875mm nominal diameter base) rebar was at TWD 19,700/t …
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Anonymous
Very good overview of the weekly steel market.
Anonymous