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08 Mar
13:01

Taiwanese scrap prices, electricity costs rise

Taiwan's scrap market has had to accept higher prices, while Turkey's post-earthquake reconstruction demand has reduced US scrap availability for Taiwan. Kallanish assessed HMS 1&2 80:20 container scrap at $425/tonne cfr Taiwan, up by $12.5/t on-week. Offers for US-origin HMS 1&2 80:20 scrap rose to $435/t cfr Taiwan this week, with bids at $425/t cfr. Small volumes, ranging from a few hundred tonnes to a thousand tonnes, …
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