16
Sep
12:54
Taiwanese scrap prices gain further
Scrap suppliers to Taiwan are raising offers further as the market is picking up quickly following the increase in Japanese scrap prices.
HMS 1&2 80:20 container scrap from the US West Coast is offered at $285-290/tonne cfr Taiwan. US suppliers are now seeking deals at beyond $285/t cfr, a local Taiwan trader tells Kallanish. However, it is hard to see these deals happening as US sellers are currently focusing on Turkey. For Taiwanese buyers, this price i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous