13
May
13:29
Taiwanese scrap prices lift on tight supply
Despite weaker local demand, scrap prices in the Taiwanese market have increased as supply has tightened, Kallanish notes.
Offers for HMS 1&2 80:20 container scrap from the US West Coast have risen by about $10/tonne this week to $235/t cfr Taiwan, according to a local contact in Taiwan. The reason for the price increase is the shortage of scrap supply in the US, with the shortage expected to continue in the next few weeks. Taiwanese b…
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Anonymous
Very good overview of the weekly steel market.
Anonymous