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03 Apr
14:52

Taiwan scrap prices gain on firm offers

Taiwan's scrap market prices rose on firm offers during this week, but scrap collection slowed ahead of the Tomb Sweeping holiday. Kallanish assessed HMS 1&2 80:20 container scrap at $355/t cfr Taiwan, up $5/t from a week before. Containerised US-origin HMS 1&2 80:20 scrap is being offered at $355-360/t cfr Taiwan this week, with deals taking place at $355/t. US scrap prices remained firm in the Taiwan market. Kallanish understands that US seller…
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