SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have declined by NTD 400/mt ($12/mt) over the past week to NTD 10,500-11,200/mt ($325-347/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have remained stable over the past week at NTD 40,500-43,000/mt ($1,253-1,330/mt) ex-yard.
The above prices include five percent VAT and are for late November shipments.
$1 = NTD 32.32