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24 Aug
11:01

Taiwan scrap prices keep rising

The continued strength in global scrap prices and the brisk sales of local rebar in Taiwan drove up Taiwanese scrap prices this week. Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $355-360/tonne cfr Taiwan, up $17.5/t on-week. HMS 1&2 80:20 container scrap from the US West Coast is offered $360-365/t cfr Taiwan, up by $15-20/t on-week. US offers to Taiwan are relatively firm, but the suppliers are also aware of …
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