07
Jul
13:54
Taiwanese scrap increases with domestic support
Taiwan's scrap prices have rebounded slightly this week. Local steel mills increased scrap purchasing prices, leading to higher market sentiment.
The scrap import market is basically positive, and US scrap prices are firming due to a shortage of containers. This week, HMS 1&2 80:20 from the US West Coast is still offered at over $460/tonne cfr Taiwan, maintaining the same level for around one month. However, the increase in buying interest i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous