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26 Apr
14:23

Taiwanese scrap stays in downward trend

The Taiwanese scrap market has dropped rapidly in the past week, and the falling prices show that market players are less confident. Kallanish assessed HMS 1&2 80:20 container scrap at $370-375/tonne cfr Taiwan, down $15/t on-week. Offers for containerised scrap from the US West Coast have slipped to $380/t cfr this week in Taiwan, down $10/t from last week. About 1,000-2,000t of HMS 1&2 80:20 were traded at $373-375/t cfr from last we…
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