18
Mar
12:10
Taiwan scrap prices fall as expected
The Taiwanese container scrap market continued to fall this week as market participants had expected. Due to weak rebar sales in Taiwan, scrap demand could fall further, Kallanish notes from trader sources.
Kallanish has adjusted its weekly HMS 1&2 80:20 container scrap assessment to $225/tonne cfr Taiwan, down by $5/t compared with last week.
A trader offered HMS 1&2 80:20 container scrap from the US West Coast at $228-230/t cfr Taiwan.&nb…
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Anonymous
Very good overview of the weekly steel market.
Anonymous