Steel News

We strive to let you one step ahead of the market.

Taiwan’s scrap metal dealers warn against price cuts as mills face heavy losses on recent rebar sales

17 Aug 2026 12:26 reported by Joy Liu

A A A
Taiwanese steel mills secured unexpected rebar orders totaling tens of thousands of tons, though calculations indicate operations are running at significant trading losses using overseas raw materials.

To offset severe financial deficits, steel mills considered reducing domestic scrap purchasing prices. However, scrap dealers argued that price reductions are completely unviable because collection volumes are already scarce.

Dealers explained that lowering local rates would further reduce incoming scrap supplies rather than reduce costs, leaving mills facing severe shortages of both domestic and imported materials. Furthermore, domestic scrap values remain significantly lower than overseas alternatives, leading dealers to criticize mill pricing pressures as unsustainable for the local market.

Back to Steel News

Related News

HMM signs long-term iron ore deal with Vale

  • Raw Materials
  • 10 Sep 2026 10:14

Steel Exchange India signs four-year iron ore MoU with NMDC

  • Raw Materials
  • 10 Sep 2026 10:13

China’s CMRG seeks temporary halt in Rio Tinto iron ore purchases

  • Raw Materials
  • 10 Sep 2026 08:57

Ferrexpo resumes iron ore production in Ukraine

  • Raw Materials
  • 9 Sep 2026 13:10

Weak demand, rising stocks continue to weigh on nickel prices

  • Raw Materials
  • 9 Sep 2026 10:51

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 4,103.00
  • 3,960.00
  • Aluminum
  • 3,342.00
  • 3,316.00
  • Copper
  • 14,388.00
  • 14,370.00
  • Nickel
  • 16,620.00
  • 16,750.00

Learn more