SteelOrbis has been informed that the prices of HMS I/II carbon
scrap in
Taiwan have declined by NTD 200/mt ($7/mt) during the past week to NTD 7,100-8,000/mt ($231-261/mt) ex-yard on actual weight basis.
In the meantime, stainless steel
scrap prices in the Taiwanese domestic market have decreased by NTD 1,000-2,000/mt ($33-65/mt) week on week at NTD 38,000-40,000/mt ($1,238-1,303/mt) ex-yard.
The above prices include five percent VAT and are for early June shipments.
$1 = NTD 30.70