Scrap Metal Prices

Taiwan’s rebar producer raises price

As reported by www.yieh.com – It’s said that while most suppliers held off their quotations in expectation of raw material price rise, a rebar producer in Northern Taiwan has announced to raise its price to NT$20,000/ton.

On the other hand, buyers said that it seems too early to see such high price in Taiwan, though they have already known that the price will surge definitely due to high scrap costs and tight supply.