19
May
13:57
Taiwanese scrap prices rise despite increased supply
Taiwanese scrap market prices have continued to rise this week, and overseas sellers increased their supply to facilitate transactions, Kallanish notes.
Compared with last week, Taiwanese scrap market prices are still rising. Containerised HMS 1&2 80:20 from the US West Coast is offered at $475-485/tonne cfr Taiwan this week, which is about $15-20/t higher than last week. Japanese scrap prices are still uncompetitive, at about $510/t cfr Ta…
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Anonymous
Very good overview of the weekly steel market.
Anonymous