11
Mar
13:31
Taiwanese scrap market sees more Japanese supply
The Taiwanese container scrap market has continued to fall this week, as local scrap prices were driven down by lower demand and increased supply of Japanese scrap, Kallanish notes.
Despite a shortage of containers, offers from the United States are still declining and limited. Offers have fallen by approximately $5/tonne to $235/t cfr Taiwan compared to last week. One trader supplying HMS 1&2 80:20 container scrap from the US West Coast says that some t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous