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10 May

Taiwanese scrap holds steady amid unchanged demand

The Taiwanese scrap market remained steady this week, with fluctuations in market sentiment calming amid slowing activity. Kallanish assessed HMS 1&2 80:20 container scrap at $350-355/tonne cfr Taiwan, unchanged on-week. Offers for containerised US-origin HMS 1&2 80:20 scrap have been tabled at $355/t cfr Taiwan, remaining unchanged from last week. Some bookings took place at $350-355/t cfr, but the volume is very limited. US sellers are no…
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