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14 Jun

Taiwanese scrap gains on tight domestic supply

Scrap prices in Taiwan have strengthened this week due to firm overseas offers and slowing domestic supply. Kallanish assessed HMS 1&2 80:20 container scrap at $360-365/tonne cfr Taiwan, up $10/t on-week. Offers from the US are starting to recover strongly, say local Taiwanese market players. Containerised US-origin HMS 1&2 80:20 scrap was offered at $365-370/t cfr Taiwan this week, a rebound of $10/t week-on-week. Small volumes of deals have been co…
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