15
Jul
12:01
Taiwanese scrap prices increase on reduced availability
Scrap prices in the Taiwanese market have increased with higher Kanto scrap bids and fewer volumes offered.
Due to the limited volumes of scrap offers and weak sales of rebar this week, local transactions in Taiwan are very limited, Kallanish notes. HMS 1&2 80:20 container scrap from the US West Coast was offered at around $235-245/tonne cfr Taiwan. Buyers are expecting US scrap to remain at $230/t cfr in deals, but reduced availabilit…
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Anonymous
Very good overview of the weekly steel market.
Anonymous