21
Dec
13:30
Taiwan scrap prices inch higher
Taiwan's scrap market continued its upward trend this week, driving scrap prices to their highest level in the last three months.
Kallanish assessed HMS 1&2 80:20 container scrap at $375/tonne cfr Taiwan, up another $12.5/t on-week.
Containerised US-origin HMS 1&2 80:20 has increased this week to $380/t cfr Taiwan, up $7.5/t from last week. Demand from local buyers was firm and they are targeting deals at $375/t cfr Taiwan. However…
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Anonymous
Very good overview of the weekly steel market.
Anonymous