24
Jun
14:09
Taiwanese scrap prices fall back
Taiwanese scrap market prices have fallen this week. Japanese scrap dropped especially sharply due to increased supply.
In Taiwan, offers for Japanese H2 50:50 had increased rapidly in the past two weeks by at least $20/tonne, but have now fallen back to $265-270/t cfr Taiwan, from $285/t cfr last week. This is mainly due to a significant increase in availability.
As Japanese scrap prices have fallen, US scrap prices have also softened. HMS 1&2…
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Anonymous
Very good overview of the weekly steel market.
Anonymous