20
Apr
16:12
Taiwanese scrap price falls on lower offers
Taiwanese scrap prices slipped this week, with offers lower due to a drop in scrap demand.
Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $550/tonne cfr Taiwan, down by $15/t from last week.
The market has turned softer since late last week, with mills' low bids suppressing supplier offers. This week, HMS 1&2 80:20 container scrap was offered at $560/t cfr Taiwan, continuing with another $10/t decline on-week. Thi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous