Taiwanese steel mill FengHsin Steel announces its scrap prices

SteelOrbis has been informed that Taiwanese steel mill FengHsin Steel has announced its local prices for low grade scrap in the range of NTD 6,300-6,400/mt ($193-196/mt) delivered to customer, while the steel producer's local high grade scrap prices are at higher levels which are currently open to negotiation.
 
$1 = NTD 32.62