14
Apr
14:25
Taiwanese scrap prices remain strong
The Taiwanese scrap market continues to rise this week due to strong demand for US scrap. Shipping difficulties and sellers' positive sentiment are supporting market prices, Kallanish notes.
Offers for containerised HMS 1&2 80:20 from the US West Coast recovered sharply from $410/tonne cfr Taiwan last week to around $425/t cfr Taiwan this week. Local steel mills' sales in Taiwan continue to strengthen, which has also boosted their r…
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Anonymous
Very good overview of the weekly steel market.
Anonymous