Feng Hsin Steel, one of Taiwan's largest producers, announced its new prices for this week.
According to the price announcement, scrap prices were announced as $320/t and rebar prices were announced as $625/t.
Feng Hsin said that there were no offers from the US scrap shipment last week. During the same period, Japan's H2 scrap price increased by 2.94%, respectively, compared to the previous week. Australia's iron ore price rose 0.35% week on week.
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