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26 Jan
13:22

Taiwanese scrap prices rise on stubborn sellers

Taiwanese scrap market prices have continued to increase this week as sellers insisted on higher values. Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $450/tonne cfr Taiwan, up by $10/t week-on-week. US scrap players predict the market will rebound in February and make up for losses in January, especially with higher prices for bulk scrap leading to firmer containerised scrap prices. HMS 1&2 80:20 container scrap from the US W…
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