01
Mar
14:13
Taiwan scrap prices rebound again
International scrap prices rebounded after Turkey restarted scrap purchases, which has also led to increased values in the Taiwan market.
Kallanish assessed HMS 1&2 80:20 container scrap at $410-415/tonne cfr Taiwan, up by $5/t on-week.
Scrap demand in Turkey was briefly dormant in previous weeks due to last month’s earthquake. However, local buyers have come back and are ordering US scrap. This has also led to improved sentiment in the U…
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Anonymous
Very good overview of the weekly steel market.
Anonymous