29
Sep
10:53
Taiwan scrap remains stable, Turkish deals dampen confidence
The Taiwanese scrap market has stabilised this week, but the decline in Turkish scrap purchase prices has dampened confidence among importers.
Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $460/tonne cfr Taiwan, unchanged week-on-week.
Taiwanese scrap prices had maintained a three-week upward trend, but the expected demand release has not stimulated the market significantly. As Taiwan's local construction steel purchases have …
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Anonymous
Very good overview of the weekly steel market.
Anonymous