19
Aug
12:25
Taiwanese scrap market expects prices to cool
Taiwanese scrap prices have continued to increase this week, but market participants say current levels are unaffordable for buyers and expect prices to stabilise.
Scrap prices in the Taiwan market have been mainly driven up by higher Japanese scrap prices. After the Kanto Scrap auction saw an increase of about $35/tonne, Japan's H2 50:50 offers to Taiwan are now close to $300/t cfr Taiwan. Buyers say they cannot accept such high prices, so they are …
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous