08
May
14:07
Taiwanese scrap decreases on slower production
Scrap prices in Taiwan have fallen this week as Taiwanese steel mills' production impetus weakened due to rising electricity costs.
Kallanish assessed HMS 1&2 80:20 container scrap at $355/tonne cfr Taiwan, down by $4/t from last week.
Containerised US-origin HMS 1&2 80:20 scrap is being offered at $355/t cfr Taiwan this week, a local scrap contact tells Kallanish. Some deals took place at this price earlier this week, before buyers in Taiwan sus…
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Anonymous
Very good overview of the weekly steel market.
Anonymous