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18 Jul
08:44

Taiwanese container scrap moves sideways

Taiwan’s market for US container scrap imports has drifted slightly down from last week, Kallanish notes. Taiwanese mills are bidding for container HMS 1&2 80:20 from the US at $335-338/tonne cfr. This week a leading mill is bidding at $335/t cfr, down $3/t from a week ago. The market has been moving sideways within a narrow band of up to $3/t above $335/t cfr since early July. US-origin container HMS 1&2 80:20 scrap was assessed …
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