Steel News

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

Taiwan’s Feng Hsin maintains scrap, rebar, section steel prices this week

20 Nov 2023 17:17 reported by Joy Liu

A A A
Feng Hsin Steel Co., Ltd., one of the major electric furnace mills in Taiwan, maintained this week’s purchasing price of scrap at NT$10,800/ton, and the prices of rebar and section steel were kept flat at NT$19,400/ton and NT$26,300/ton, respectively. The flat increase in rebar prices this week was as market expectation.

Feng Hsin said that there were no offers from the US scrap shipment last week. During the same period, the price of Japan’s H2 scrap and the US containerized scrap both rose by 1.4% week on week. Australia’s iron ore price increased by 0.7% week on week to US$130.25/ton.

Back to Steel News

Related News

SEIFSA urges not to extend scrap metal export ban

  • Scrap
  • 1 Dec 2023 16:40

Japan’s scrap exports increase in Oct y-o-y

  • Scrap
  • 1 Dec 2023 16:40

China’s scrap supply & use to increase

  • Scrap
  • 28 Nov 2023 14:11

Mexico occupies second place in importing ferrous scrap from US

  • Scrap
  • 27 Nov 2023 15:51

Taiwan’s Feng Hsin hikes scrap & rebar prices, maintains section steel prices this week

  • Scrap
  • 27 Nov 2023 15:44

Metal Price Index

Learn more

LME Official Bid Price

  • Zinc
  • 2,477.00
  • 2,482.00
  • Aluminum
  • 2,157.00
  • 2,197.00
  • Copper
  • 8,331.00
  • 8,419.00
  • Nickel
  • 16,330.00
  • 16,560.00

Learn more

Coil Exchange Center

  • 2B Coil-Jan
  • 2,460
  • 2,320
  • NO1 Coil-Jan
  • 2,430
  • 2,290
  • 2B Coil-Jan
  • 2,460
  • 2,320
  • NO1 Coil-Jan
  • 2,430
  • 2,290

Learn more