07
Feb
11:51
Taiwanese scrap prices fall again
Scrap transaction prices saw a second fall last week following the suppression of local scrap demand in Taiwan, Kallanish notes.
A Taiwanese scrap trader says that the deal price of HMS 1&2 80:20 scrap from the US West Coast has hit $230/tonne cfr Taiwan. This represents a decrease of around $10/t compared with the prices at the beginning of last week. The market has seen a combined $20/t decline since Chinese New Year, …
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Anonymous
Very good overview of the weekly steel market.
Anonymous