18
Feb
08:32
Taiwanese scrap prices recover after holiday
Taiwanese scrap prices have rebounded after the Spring Festival holiday, and market participants expect them to strengthen further as demand recovers.
Local Taiwanese traders say they received the latest offers for HMS 1&2 80:20 container scrap from the US West Coast at $380-390/tonne cfr Taiwan, up by $15-20/t compared with offers before the holiday. ''Supply from the US has picked up, and demand will begin to recover this week, which means the u…
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Anonymous
Very good overview of the weekly steel market.
Anonymous