21
Sep
13:16
Taiwan scrap prices drop on weaker outlook
Taiwan's scrap market prices have fallen sharply this week, with local buyers' expectations for the coming trend weakening.
Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $355-360/tonne cfr Taiwan, down $20/t on-week.
The decline in international scrap markets have spilled over into Taiwan. HMS 1&2 80:20 container scrap from the US West Coast is offered at $360/t cfr Taiwan, down by $20/t on-week. However, local buyers are n…
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Anonymous
Very good overview of the weekly steel market.
Anonymous