03
Jun
14:16
Taiwanese scrap prices lift on demand
Taiwanese scrap market prices have rebounded this week as rebar sales have strengthened, Kallanish notes.
The offer price for HMS 1&2 80:20 container scrap from the U.S. west coast this week saw a slight increase of about $2.5/t week-on-week to $235-240/t cfr Taiwan. The offer of $235/t cfr Taiwan has been very common in the market in these weeks, but higher offers are now again emerging. A Taiwanese trader tells Kallanish that the latest market deal…
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Anonymous
Very good overview of the weekly steel market.
Anonymous