14
Jul
15:56
Taiwan's scrap prices increase but market slows
Taiwan's scrap prices increased strongly late last week, but the growth rate has slowed this week due to a fall in demand.
Taiwan's scrap market this week was operating steadily. HMS 1&2 80:20 from the US West Coast is offered at $460-470/tonne cfr Taiwan, which is slightly lower than $470/t cfr last week. Late last week, it was said that there were high-priced transactions at above $465/t cfr Taiwan, but the stronger demand last week did not exte…
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Anonymous
Very good overview of the weekly steel market.
Anonymous