19
Jun
15:26
Taiwan scrap market moves lower
Taiwan's scrap market has continued to decline slightly this week, as market demand weakened due to the summer construction slowdown and the impact of the rainy season.
Major Taiwanese steel mill Feng Hsin Iron & Steel has maintained its scrap and rebar offers this week. Its HMS 1 scrap purchase price is at TWD 10,500/tonne ($324/t), while the list price for #5 (5/8 inches or 15.875mm nominal diameter base) rebar is at TWD 19,100/t ($590) ex-work…
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Anonymous
Very good overview of the weekly steel market.
Anonymous