12
Jun
12:24
Taiwan's scrap prices decline despite freight support
Taiwan's steel scrap market has continued to weaken, but rising sea freight costs limited the decline in imported scrap offers this week.
Kallanish assessed HMS 1&2 80:20 container scrap at $345/t cfr Taiwan, down by $3/t from last week.
Containerised US-origin HMS 1&2 80:20 scrap is being offered at $345/t cfr Taiwan this week, down $3/t from a week before. Local scrap contacts in Taiwan told Kallanish that deal prices were dropped to $342-345/t…
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