08
Feb
14:40
Taiwanese scrap prices inch higher
The scrap import market in Taiwan has continued to rise this week, and strong international scrap prices led to a sharp rise in offers for imports.
Kallanish assessed HMS 1&2 80:20 container scrap at $420/tonne cfr Taiwan, up another $10/t on-week.
Scrap supplies from the US remain tight, making sellers raise offers. While Asian buyers are actively participating in ordering, regional scrap supply is lower than demand, driving prices higher. Con…
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Anonymous
Very good overview of the weekly steel market.
Anonymous