17
Nov
10:12
Taiwan scrap prices decline on tumbling Japanese offers
The Taiwanese scrap market has continued to fall amid the weak performance of the local steel market. Rebar sales have been subdued and steel mills have cut prices for the product.
Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $455/tonne cfr Taiwan, down by $15/t week-on-week.
The downward trend in international raw material prices is reflected in the cuts in offer prices to Taiwan. HMS 1&2 80:20 container scrap from…
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Anonymous
Very good overview of the weekly steel market.
Anonymous