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07 Feb
09:55

Taiwanese container scrap market softens further

East Asian mills continue to press for lower scrap import prices, Kallanish notes.  In Taiwan, US  container scrap suppliers reduced their offers this week to $330-335/tonne cfr, $10/t lower on week. However, importing mills correspondingly lowered their bid prices by $10/t to $320-325/t cfr. A leading EAF Taiwanese mill managed to secure a small tonnage of around 2,000t at $322/t cfr, Taiwanese traders say on Wednesday. "I cannot sel…
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