30
Jun
16:27
Taiwanese scrap remains with firm US offers
The Taiwanese scrap market was flat this week, while US offers were firm but Japanese scrap offers fell slightly.
HMS 1&2 80:20 from the US West Coast is still offered over $460/tonne cfr Taiwan, which is basically stable from last week. Small deals were reached at $453-455/t cfr, and Taiwanese steel mills are also considering buying at $450/t. In general, import transactions were average, but the price difference between domestic and …
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Anonymous
Very good overview of the weekly steel market.
Anonymous