SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have moved down by NTD 600/mt over the past week to NTD 10,000-10,400/mt ($324-337/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 31,500-34,000/mt ($1,022-1,103/mt) ex-yard.
The above prices include five percent VAT and are for early May shipments.
$1 = NTD 30.82