Feng Hsin Steel, one of Taiwan's largest producers, announced its new prices for this week.
According to the price statement, scrap prices are at $350 and rebar prices are at $655. Profile prices remained stable at $855.
The company said it received no offers from US scrap shipments last week. During the same period, Japan's H2 scrap price and the US containerized scrap price increased by 9.7% and 5.8%, respectively, compared to the previous week.
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