21
Oct
12:29
Taiwanese scrap prices show recovery
Although Taiwan's scrap market remains quiet, overseas scrap suppliers' offers have showed an upward trend during this week.
Scrap suppliers intend to increase their offer prices this week by $5-10/tonne, even though there are few transactions in the Taiwanese market. HMS 1&2 80:20 container scrap from the US West Coast is offered at $275-280/tonne cfr Taiwan. Compared to last week, US suppliers are more insistent on prices. Taiwanese steel mills estim…
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Anonymous
Very good overview of the weekly steel market.
Anonymous