11
May
12:31
Taiwan scrap prices fall further on weak demand
Taiwanese scrap prices continue their downtrend this week amid a softening global scrap market and lower domestic demand.
Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $480/tonne cfr Taiwan, down by $10/t from last week.
Global scrap offers are declining further over this week. HMS 1&2 80:20 container scrap from the US West Coast was offered at $480-485/t cfr Taiwan, down by $5-10/t compared with last week. Local Taiwanes…
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Anonymous
Very good overview of the weekly steel market.
Anonymous