11
Aug
14:42
Taiwan scrap prices fall futher
Taiwanese scrap prices continued to fall this week. Weak local demand and price cuts by overseas suppliers undermined support for scrap prices.
Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $435/tonne cfr Taiwan, down by another $5/t week-on-week.
The decline in scrap purchase prices at Tokyo Steel's mills has led to a similar decline in offers for Japanese scrap to Taiwan. Japanese H2 offers this week fell to …
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Anonymous
Very good overview of the weekly steel market.
Anonymous