31
Jul
08:32
Taiwanese container scrap market recovers slightly
The Taiwanese market for containerised scrap saw a slight rebound this week. However, Taiwanese traders believe that the contradiction between higher offers and lower bids remains unresolved, Kallanish notes.
Local scrap traders in Taiwan tell Kallanish that HMS 1&2 80:20 from the US West coast was offered at around $285-290/tonne cfr, and deals were heard at $278/t cfr. Some traders say that the deals were done at less than $280/t cfr, but an…
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Anonymous
Very good overview of the weekly steel market.
Anonymous