10
Aug
15:12
Taiwanese scrap prices rebound on higher offers
The Taiwanese scrap market has rebounded slightly this week, as global scrap prices stabilised and boosted market confidence.
Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $325/tonne cfr Taiwan, up $5/t on-week.
Scrap offers from the US are up from last week, with Turkish buyers raising their buying prices and thereby prompting US suppliers to raise offers to Taiwan. HMS 1&2 80:20 container scrap from the US West Coast is offered $…
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Anonymous
Very good overview of the weekly steel market.
Anonymous