Taiwanese scrap prices fall by $6.50/mt, rebar prices unchanged

摘要

The Taiwanese domestic steelscrap price was adjusted downward againthis week by T$200/mt ($6.50/mt) as a slowmarket and weak billet prices continued totake their toll, Taiwanese sources said Monday.Major Taiwanese mini-mill Feng HsinIron and Steel cut its domestic scrapbuying price to T$9,700/mt for HMS I/II80:20 grade delivered to its Taichung mill,down T$200/mt from last week, a sourceat the mill said.