31
Aug
11:31
Taiwan scrap rises as demand resumes
Taiwanese scrap demand has recovered slightly, and scrap import prices continue to climb. Power outages at Taiwan steel mills are easing in September and mills have increased purchases to replenish raw material inventories.
Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $375/tonne cfr Taiwan, up another $17.5/t on-week.
The strong recovery in global scrap has led to higher offers to Taiwan. HMS 1&2 80:20 container scrap fr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous