09
Dec
09:44
Taiwanese scrap prices rise to new highs
Taiwanese scrap prices are still being pushed higher this week. Even with huge cost pressures, Taiwanese steel mills still have to purchase at high prices to avoid supply shortages, Kallanish notes.
HMS 1&2 80:20 container scrap from the US West Coast is now offered at $340/tonne cfr Taiwan, jumping by $15-20/t week-on-week. The rise in international scrap prices, especially strong Japanese values, has led Taiwanese buyers to choo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous