22
Jun
14:17
Taiwan scrap plummets on bearishness, Vietnamese scrap weak
The Taiwanese scrap market has fallen rapidly on negative expectations, with local buyers taking advantage of the opportunity to close deals at low prices.
Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $400/tonne cfr Taiwan, down $40/t from last week.
A seasonal slump in demand has weighed on market sentiment and purchasing intentions, with Taiwan's scrap import prices plummeting since last Friday. On Wednesday, offe…
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