Taiwanese rebar export market recovers slightly
Friday, 20 Nov 2009
It is reported that Taiwan's rebar price has been less competitive during the fourth quarter because China and Korea are offering lower prices.
However, Taiwan's rebar export market has been gradually recovering recently and mills have received new orders, in particular from Korea.
Contrarily, Taiwan's small billet export market still remains sluggish because Taiwan’s price offer is unacceptable to Southeast Asian buyers. Taiwan's steel mills nevertheless remain optimistic because the global billet price has risen recently in line with the increased price of scrap.
(Sourced from YIEH.corp)
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