Domestic scrap price trends stable at major Taiwan mill

Sources inform SteelOrbis that Feng Hsin, a major mill in Taiwan, has maintained stable scrap prices since early June. Prices on HMS I/II 80:20 are now reportedly at TWD 9,500/mt ($302/mt) delivered to customer. The source noted that rebar list prices are presently being maintained stable into the remainder of June, therefore, allowing for a consistent spread for scrap.