10
Mar
10:49
Taiwanese scrap prices stabilise with lower offers
Taiwanese scrap market prices have remained flat this week, while offers being revised down have given steel mills respite from recent continuous increases.
With the continuing shortage further lifting container rates, US containerised scrap offers saw another increase last week to around $440-445/tonne cfr Taiwan. However, firm prices and difficult transportation have resulted in few transactions. US suppliers thus lowered their offers to $425…
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Anonymous
Very good overview of the weekly steel market.
Anonymous