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07 Sep
12:24

Taiwan scrap price growth slows

Taiwanese scrap prices have edged up this week, with the end of power cuts and the rainy season expected to boost the steel market in September. Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $380/tonne cfr Taiwan, up $5/t on-week. Scrap buying sentiment in Taiwan is not as strong as last week, and the increase in local scrap buying prices has also slowed this week. HMS 1&2 80:20 container scrap from the US West Coast is offere…
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