01
Apr
11:05
Taiwanese scrap prices fall further
With US sellers' expectations down, scrap prices in Taiwan continue to fall in a quiet market, Kallanish notes.
This week, offers of HMS 1&2 80:20 container scrap from the US West Coast have declined by another $5/tonne to $215/t cfr Taiwan. But this price has not aroused buyer interest. ''Market players are discussing when prices will fall below $200/t cfr Taiwan,'' a local trader tells Kallanish. At the beginning of the spread of Cov…
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Anonymous
Very good overview of the weekly steel market.
Anonymous