19
Oct
14:17
Taiwanese scrap prices rise on improving sentiment
Taiwanese scrap prices remain strong after a series of gains in the past weeks. A positive demand outlook led local buyers to support price increases.
Containerised US-origin HMS 1&2 80:20 is now offered at $370/t cfr Taiwan, a local scrap contact says. Consecutive transactions to replenish stocks have supported higher prices, Kallanish notes. The latest transacted price was around $360/t cfr Taiwan, $5/t higher than last week. However, sellers …
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Anonymous
Very good overview of the weekly steel market.
Anonymous