13
Jan
14:03
Taiwanese scrap prices gain slowly
The Taiwanese scrap market has been in a relatively slack phase since the end of the New Year holiday. Although supply from the US is still tight, scrap prices in Taiwan are rising only slowly.
Offers for HMS 1&2 80:20 container scrap from the US West Coast remain steady from the previous two weeks at around $450/tonne cfr Taiwan. Some offers rose slightly, to $458/t cfr. However, steel mills’ purchasing appetite has not increased, as Taiwan's l…
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Anonymous
Very good overview of the weekly steel market.
Anonymous