24
May
14:36
Taiwanese scrap gains on firm offers
The Taiwanese scrap market saw an increase this week due to firm offers, but local demand in Taiwan is still struggling to pick up.
Kallanish assessed HMS 1&2 80:20 container scrap at $360-365/tonne cfr Taiwan, up $7.5/t on-week.
Recent bookings have firmed up US offers in Taiwan, a local Taiwanese source says. Offers for containerised US-origin HMS 1&2 80:20 scrap have been raised to $365/t cfr Taiwan, up $2.5/t from last week. Small volumes&nb…
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Anonymous
Very good overview of the weekly steel market.
Anonymous