SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have increased by NTD 200/mt ($6/mt) during the past week to NTD 5,900-6,800/mt ($186-215/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have moved sideways over the past week at NTD 34,000-37,000/mt ($1,074-1,168/mt) ex-yard.
The above prices include five percent VAT and are for shipments in mid-November.
$1 = NTD 31.67