01
Feb
14:03
Taiwanese scrap prices surge on tight supply
Taiwan's scrap market is facing tight supply after the Spring Festival holiday, and soaring scrap prices have put pressure on the production costs of Taiwanese steel mills.
Kallanish assessed HMS 1&2 80:20 container scrap at $410/tonne cfr Taiwan, up $10/t on-week.
International scrap offers have risen strongly in the past week, which has also led to higher quotes to Taiwan. Containerised US-origin HMS 1&2 80:20 was offered at $410/t cfr Tai…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous