22
Aug
10:15
Taiwanese container scrap weakens
Taiwan’s container scrap trade has dipped on week, Kallanish understands. Soft Turkish scrap prices and slow rebar demand in Taiwan continues to depress the market, local trading sources say.
Leading Taiwanese mills bid lower for container HMS 1&2 80:20 from the US this week at $320/tonne cfr, down from the previous booking price of $323/t cfr. Several orders took place at this level, traders said. But some traders say that they are unc…
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Anonymous
Very good overview of the weekly steel market.
Anonymous