30
Sep
07:28
Taiwan's scrap prices fall further
Taiwanese scrap prices have resumed their decline but lower offers have failed to boost buyers’ interest, Kallanish notes.
As global scrap demand is weakening again in the short term, American suppliers have cut their offers to Taiwan. HMS 1&2 80:20 container scrap from the US West Coast was offered at $280/tonne cfr Taiwan late last week, and then dropped by another $5-8/t to $272-275/t cfr Taiwan this week. Overa…
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Anonymous
Very good overview of the weekly steel market.
Anonymous