15
Dec
13:57
Taiwanese scrap prices decline with lower bids
With international scrap prices declining, the Taiwanese scrap market has continued to cut import purchase prices this week and buying interest dropped off.
Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $445/tonne cfr Taiwan, down by $10/t week-on-week.
Bearish sentiment has dominated market trading this week. HMS 1&2 80:20 container scrap from the US West Coast was offered at around $450/t cfr Taiwan. The buyer'…
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Anonymous
Very good overview of the weekly steel market.
Anonymous