14
Sep
13:50
Taiwan scrap market calms down
Scrap prices in Taiwan have dropped lower this week, and buyers are in a wait-and-see mood due to a fall in local buying.
Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $375-380/tonne cfr Taiwan, down $2.5/t on-week.
HMS 1&2 80:20 container scrap from the US West Coast is offered at $380/t cfr Taiwan, down by $2.5/t on-week. The slowdown in domestic scrap sales in Taiwan and the decline in global scrap trends have bot…
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Anonymous
Very good overview of the weekly steel market.
Anonymous