SteelOrbis has been informed that the prices of HMS I/II carbon
scrap in
Taiwan have moved up by NTD 300/mt on the lower end during the past week to NTD 8,000-8,600/mt ($259-266/mt) ex-yard on actual weight basis.
In the meantime, stainless steel
scrap prices in the Taiwanese domestic market have increased by NTD 500/mt on the lower end over the past week to NTD 35,500-40,000/mt ($1,147-1,293/mt) ex-yard.
The above prices include five percent VAT and are for late March shipments.
$1 = NTD 30.94