SteelOrbis has been informed that the price of HMS 1&2 carbon scrap in Taiwan is being quoted at NTD 8,800-9,300/mt ($267-282/mt) ex-yard, indicating an increase of NTD 100-300/mt ($3-9/mt) as compared to last week. Prices, which include five percent VAT, are for middle to end of May shipments.
$1 = NTD 32.9322