28
Aug
09:24
Taiwanese container scrap demand vanishing
The Taiwanese market for containerised scrap has fallen back to mid-June levels and is approaching its lowest point in the past two years, Kallanish notes.
Taiwanese local scrap traders are offering at $263-265/tonne cfr for HMS 1&2 80:20 from the US West coast; however, these offers have not attracted the interest of buyers.
Almost no steel mills and buyers are willing to bid. The whole market is silent and prices are fallin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous