SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have decreased by NTD 300/mt over the past week to NTD 7,100-7,400/mt ($234-244/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 31,500-34,000/mt ($1,039-1,121/mt) ex-yard.
The above prices include five percent VAT and are for middle and late April shipments.
$1 = NTD 30.33