23
Jun
14:04
Taiwanese scrap rebounds on higher offers
The Taiwanese scrap market has rebounded this week, and local sellers increased prices for various grades. Scrap import prices meanwhile increased by less than domestic prices.
Offers from the US have increased, as have transaction values. HMS 1&2 80:20 from the US West Coast is offered at $460-465/tonne cfr Taiwan, which is $10/t higher than last week. US sellers are not eager to promote sales, but are testing how much of an increase Taiwanese buyers can acce…
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Anonymous
Very good overview of the weekly steel market.
Anonymous