28
Sep
13:13
Taiwan scrap prices slump, Feng Hsin suspends production
Taiwanese scrap prices fell this week as sales in the steel market returned to sluggishness.
Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $340-345/tonne cfr Taiwan, down $15/t on-week.
Overseas scrap prices have diverged, and the Taiwan market has seen offers fall due to limited demand. HMS 1&2 80:20 container scrap from the US West Coast is offered at $345/t cfr Taiwan, down by $15/t on-week. Japanese H2 50:50 offers ho…
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Anonymous
Very good overview of the weekly steel market.
Anonymous