16
Feb
09:33
Taiwanese scrap prices strengthen with higher offers
Higher-priced US and Japanese offers have led to increases in Taiwan's scrap import prices. However, the rapid rise has also left local steel mills unwilling to accept the new offer levels.
Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $485/tonne cfr Taiwan, up by $20/t week-on-week.
Scrap prices have been supported by a recovery in demand in the Taiwan market after the holidays. HMS 1&2 80:20 container scrap from the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous