29
Jul
10:46
Taiwanese scrap prices stabilise on tight supply
The Taiwanese scrap market has continued to see tight supply this week, but actual transaction prices remain at the level of last week.
''The supply of scrap from Japan and the United States is very limited,'' a scrap trader tells Kallanish, Japan H2 50:50 offers have increased by $5/t week-on-week to $260-265/t cfr Taiwan. Deals are expected to be reached at between $250-255/t cfr Taiwan, another scrap source says.
HMS 1&2…
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Anonymous
Very good overview of the weekly steel market.
Anonymous