Over the past week, Taiwan’s import scrap market has gained some strength. Having been out of the market at the end of 2025, suppliers are now testing the waters with slightly higher offer prices. The anticipated upward movement in the international scrap market as well as in some supplier regions have also provided support for the local rebar market. Major Taiwanese producer Feng Hsin has kept its domestic rebar prices stable this week at TWD 15,800/mt ($500/mt) ex-works, with its dollar-based prices moving down by $1/mt taking the exchange rate into account. “Rebar sales in Taiwan have finally kicked off because the market senses that raw material prices are rising and most mills have concluded deals in the range of TWD 15,200-15,500/mt ($481-490/mt) ex-works this week,” a source reported.
Offer prices for ex-US HMS I/II (80:20) scrap in containers to Taiwan have been in the range of $303-309/mt CFR this week, $3-5/mt higher than the levels recorded before the winter holidays in the US. A few ex-US deals have been closed this week at $300/mt CFR, up $1-2/mt from the previous bookings.
Japanese sellers’ H1/2 (50:50) offers to the Taiwanese market are currently in a wider range, moving from $316-319/mt CFR to $315-320/mt CFR this week. Market sources report that offers from Japan have started to pick up as the time for Japan’s Kanto scrap export tender approaches.
Feng Hsin has raised its scrap procurement prices by TWD 200/mt this week to TWD 9,000/mt ($285/mt) delivered, up by $6/mt on US dollar basis. Market sources report that the anticipated increase in the local US scrap market is having a positive impact on local scrap quotations as sellers try to minimize the gap between local and import scrap prices.
$1 = TWD 31.60
