31
Jan
14:12
Taiwanese scrap declines, buyers hold back
Scrap trading sentiment in Taiwan was steady this week but prices were slowly falling as end users held back from rebar purchasing.
Kallanish assessed HMS 1&2 80:20 container scrap at $375-377/t cfr Taiwan, down $4/t from a week before.
Containerised US-origin HMS 1&2 80:20 scrap is being offered at $378-380/t cfr Taiwan, a $7-10/t decline compared with last week's offers. However, local Taiwanese buyers put bids at $375/t cfr. Late last week, 1,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous