15
Jun
14:39
Taiwan scrap prices rise on recovering US offers
The Taiwanese scrap market has a firm wait-and-see mood, but a rebound in US offers has boosted market prices.
Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $440/tonne cfr Taiwan, up $10/t from last week.
Although US scrap prices have been hit hard in Turkey, US suppliers have held prices firm to Taiwan. Suppliers raised their offers for HMS 1&2 80:20 container scrap from the US West Coast to $445/t cfr Taiwan last week, and picked…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous