Tag: Taiwan imported scrap offers

  • Taiwan: Feng Hsin Steel Holds Scrap Purchase Price Stable

    Taiwan: Feng Hsin Steel Holds Scrap Purchase Price Stable

    SteelMint learned from sources that Taiwan’s domestic scrap and rebar prices have remained flat for the fourth consecutive week amid weak domestic finish steel demand. Steelmakers were interested in balancing their supply-demand on depressed rebar demand in construction activities despite a slight rise in imported scrap offers witnessed during the last week. The leading mini-mill…