Taiwan's domestic ferrous scrap and rebar prices down on week

摘要

Taiwan’s domestic scrap buyingand rebar selling prices both decreasedby NT$300/mt ($10.30/mt) on the week toMonday, following the Ching Ming holidays inthe previous week.Major Taiwanese mini-mill Feng Hsin Ironand Steel lowered its domestic scrap buyingprice this week to NT$10,400/mt ($355.70/mt), for heavy melting scrap I/II 80:20 deliveredto Taichung, down by NT$300/mt from theprevious week, a company source said Monday.