02
Dec
09:35
High-priced imports drive Taiwanese scrap market
Taiwan's scrap prices have continued to rise this week, and the imbalance between supply and demand has led to increased purchasing pressure on steel plants.
The shortage of supply on the US West Coast has not been alleviated, due to strong domestic demand in the US. With limited containers and Taiwanese steel mills' unattractive bids, US supply of scrap to Taiwan is also very limited. HMS 1&2 80:20 container scrap from the West Coa…
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Anonymous
Very good overview of the weekly steel market.
Anonymous