Feng Hsin cuts scrap purchasing prices Taiwan’s Feng Hsin announced to cut scrap purchasing price by NT$300/ton on August 31th. Last week, Japan’s scrap price saw a decrease of ¥2,500/ton in last week. Affected by this, some domestic electric furnace mills also pushed scrap price down. Taiwan’s scrap prices declined from NT$11,000-11,500/ton to NT$10,500-11,000/ton, down […] ↓ Read the rest of this entry…