28
Apr
15:42
Taiwanese scrap prices decline with fewer imports
Taiwan's scrap market has split this week. Domestic steel mills are very willing to buy local scrap, but there are few transactions for imports.
Whether it is Japanese scrap or US scrap, it is difficult to trade in the short term due to high prices. Steel plants are about to enter the summer power limit period, and so are is not in a hurry to carry out large volume restocking. Offers for containerised HMS 1&2 80:20 from the US West Coast dec…
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Anonymous
Very good overview of the weekly steel market.
Anonymous