17
Jul
14:25
Taiwanese scrap gains despite limited demand
Taiwanese scrap prices increased slightly this week due to rising shipping fees, but import deals continued to struggle with limited demand.
Kallanish assessed HMS 1&2 80:20 container scrap at $345/tonne cfr Taiwan, up by $1.5/t from last week.
Containerised US-origin HMS 1&2 80:20 scrap is offered at $355/t cfr this week, remaining stable from last week. Traders heard a small amount of deals booked at $345/t cfr late last week or early this week. Ho…
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Anonymous
Very good overview of the weekly steel market.
Anonymous