16
Mar
13:19
Taiwan scrap prices hike on firm demand
Taiwanese scrap prices have seen another hike this week. Local buyers have strong enough confidence in the steel market to accept higher offers.
Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $560/tonne cfr Taiwan, up by $55-60/t from a week earlier.
Taiwanese buyers booked imported containerised scrap at higher prices due to tight supply and rising Taiwanese rebar prices. US scrap traded at $545-555/t cfr Taiwan HMS 1&2 8…
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Anonymous
Very good overview of the weekly steel market.
Anonymous