25
May
12:51
Taiwan scrap prices soften amid downtrend
Taiwanese imported scrap prices continue to trend down, but domestic purchasing prices have held level this week.
Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $430/tonne cfr Taiwan, down by $10/t from last week.
US-origin scrap prices have continued to fall in the Taiwanese market, even as sentiment among Turkish buyers appears to be improving. HMS 1&2 80:20 container scrap from the US West Coast is offered at $435/t cfr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous