11
Sep
04:45
Negative expectations hit Taiwanese container scrap
The Taiwanese market for containerised scrap fell again in this week. Local Taiwanese scrap traders say that prices have not yet reached bottom, meaning that prices may still yet have more space to fall, Kallanish notes.
Taiwanese local scrap traders tell Kallanish that HMS 1&2 80:20 from the US West coast were booked at $247-248/tonne cfr on Monday, lower again than the $250/t cfr deals of last Friday. As prices tumbled lower, they attra…
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Anonymous
Very good overview of the weekly steel market.
Anonymous