12
Feb
07:54
Taiwanese scrap prices remain weak
The Taiwanese container scrap market has continued to fall this week, while traders think prices seem to have now reached the bottom, Kallanish notes.
Local sources in Taiwan tell Kallanish that scrap demand in Taiwan is very limited due to the impact of the Wuhan virus. Hardly any deals have been made this week, as Taiwanese buyers' target prices are much lower than suppliers' offers. HMS 1&2 80:20 scrap from the US West Coast is o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous