17
Apr
11:02
Taiwan scrap prices gain on exchange rate movement
Taiwan's scrap market has risen as expected during the week, with scrap supply returning to normal, but exchange rate movement has led to inconsistent price trends for imported scrap from the US and Japan.
Kallanish assessed HMS 1&2 80:20 container scrap at $360-365/tonne cfr Taiwan, up $7.5/t from a week before.
Containerised US-origin HMS 1&2 80:20 scrap is being offered at $365/t cfr Taiwan this week, with several deals booked at $360/t cfr.&n…
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Anonymous
Very good overview of the weekly steel market.
Anonymous