06
Sep
12:30
Taiwan market favours low-priced scrap
Imported scrap prices in the Taiwan market have remained flat for the third week in a row, with mills favouring low-priced local scrap.
US scrap offers have remained firm in recent weeks. Offers for containerised US-origin HMS 1&2 80:20 scrap were maintained at $375/tonne cfr Taiwan this week, with an indicated deal price at $370-372/t cfr Taiwan. Another trader reports small volumes of scrap were booked at $370/t over the past week. Japanese scrap offers have…
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Anonymous
Very good overview of the weekly steel market.
Anonymous