23
Dec
13:45
Taiwanese scrap price sees record surge
Taiwanese imported scrap prices have continued to rise this week, with the growth rate surpassing the record increase of $50/tonne last week. This has also driven local scrap and rebar prices up by TWD 1,000-1,200/t ($35.5-42.6/t) over the week.
International scrap market prices have increased further, driven by Turkish scrap. Scrap offers from the US are high and limited in quantity. HMS 1&2 80:20 container scrap from the US West Coast was offered a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous