18
Jan
15:20
Downstream steel demand boosts Taiwanese scrap prices
Scrap prices in Taiwan have risen as expected, and import transactions supported firm prices.
Kallanish assessed HMS 1&2 80:20 container scrap at $400/tonne cfr Taiwan, up $10-15/t on-week.
The rise has seen Taiwanese scrap prices hit their highest level in the past six months. Import deals for a few thousand tonnes of containerised US-origin HMS 1&2 80:20 were concluded earlier this week at $398/t cfr Taiwan. On Wednesday, quotes had risen…
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Anonymous
Very good overview of the weekly steel market.
Anonymous