24
Jul
11:53
Taiwan's scrap prices stagnate
Taiwan's scrap steel market is at a standstill. There is a lack of momentum, with both buyers and sellers hesitating to make moves.
Kallanish assessed HMS 1&2 80:20 container scrap at $345/tonne cfr Taiwan, stable from last week.
Containerised US-origin HMS 1&2 80:20 scrap is offered at $350-355/t cfr this week, with the indicative deal level still at $345/t cfr. Local steelmaker Feng Hsin said import offers were unchanged this week, and mut…
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Anonymous
Very good overview of the weekly steel market.
Anonymous