04
Aug
14:31
Taiwan scrap prices fall on weak demand
Taiwan's scrap market has been sluggish in recent weeks as demand has been suppressed, and weaker expectations in the market have also put pressure on prices.
Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $440/tonne cfr Taiwan, down by $5/t week-on-week.
The import price of scrap in Taiwan has shown a negative trend this week due to the decline in demand. At the same time, steel mills lowered their target prices even further, which…
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Anonymous
Very good overview of the weekly steel market.
Anonymous