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15 Mar
13:48

Taiwanese scrap prices gain, imports rise

Scrap prices in Taiwan have risen for the third consecutive week, with availability of cargoes limited. Kallanish assessed HMS 1&2 80:20 container scrap at $430-435/tonne cfr Taiwan, up by $7.5/t on-week. Much the same as last week, US suppliers are still opting to sell to higher-margin regions such as Turkey and Bangladesh, reducing their focus on Taiwan. Offers for US/Australia-origin HMS 1&2 80:20 scrap rose to $435-440/t cfr T…
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