12
Apr
13:45
Taiwanese scrap imports diverge from local market
Taiwan's import and domestic scrap market trends diverged this week, as prices of imported scrap continued to decline.
Kallanish assessed HMS 1&2 80:20 container scrap at $385-390/tonne cfr Taiwan, down by $7.5/t on-week.
Offers for US-origin HMS 1&2 80:20 container scrap have fallen to $390/t cfr Taiwan this week, while local buyers were targeting up to $385/t cfr. Japanese H2 50:50 indicative values meanwhile lost another $5/t to $405…
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Anonymous
Very good overview of the weekly steel market.
Anonymous