28
Oct
10:00
Taiwanese scrap prices trend higher
Taiwan's scrap market prices have further strengthened with limited supply and increasing demand. Suppliers from the US and Japan have reduced offer volumes and increased offer prices this week.
HMS 1&2 80:20 container scrap from the US West Coast was offered at $280/tonne cfr Taiwan earlier this week, and some better-quality scrap offers moved to $285/t cfr on Wednesday. Although US scrap is still the first choice of local st…
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Anonymous
Very good overview of the weekly steel market.
Anonymous