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11 Jan
15:37

Taiwanese scrap price hikes slow

The Taiwanese scrap market has slowed after a series of increases, as the global market stabilised. Kallanish assessed HMS 1&2 80:20 container scrap at $385-390/tonne cfr Taiwan, up $2.5/t on-week. Scrap import prices in Taiwan hit their highest levels of the past few months at the beginning of 2023. Containerised US-origin HMS 1&2 80:20 has seen offers hike to $395/t cfr Taiwan. Meanwhile, offers for Japanese H2 scrap jumped by $10/t …
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