17
Mar
08:55
Taiwanese scrap prices decline
Under the influence of low-priced offers, Taiwanese scrap market prices have fallen week-on-week.
Although container freight costs are still high, Taiwanese buyers pushed down the purchase price of imported scrap this week. Containerised scrap offers for HMS 1&2 80:20 from the US West Coast have decreased to $410-420/tonne cfr Taiwan. This is $10-15/t lower than offers a week earlier.
Local steel mills in Taiwan are not active in purchasing importe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous