07
Apr
12:33
Taiwanese scrap rebounds on recovering demand
The Taiwanese scrap market has rebounded amid limited offers, and busy steel sales have also restored the confidence of steel mills.
Scrap import offers have risen this week. Offers for containerised HMS 1&2 80:20 from the US West Coast recovered to $400/tonne cfr Taiwan late last week. Offers then increased to $405/t cfr early this week and to $410/t cfr by Wednesday, Kallanish notes. Taiwanese steel mills are choosing to purchase in …
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Anonymous
Very good overview of the weekly steel market.
Anonymous