SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have increased NTD 300/mt ($11/mt) over the past week to NTD 11,500-12,200/mt ($410-435/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 39,000-41,500/mt ($1,391-1,481/mt) ex-yard.
The above prices include five percent VAT and are for early February shipments.
$1 = NTD 28.02