18
May
10:14
Taiwanese scrap market picks up
The Taiwanese scrap market has seen a slight uptick, with the increase in overseas quotes pushing up domestic values.
Kallanish assessed HMS 1&2 80:20 container scrap at $355/tonne cfr Taiwan, up $2.5/t on-week.
Offers for containerised US-origin HMS 1&2 80:20 scrap have been raised to $360-$365/t cfr Taiwan, up $5-10/t from last week. Some bookings took place at $355/t cfr Taiwan this week, Kallanish learns from local sources. US sell…
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Anonymous
Very good overview of the weekly steel market.
Anonymous