SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have moved down by NTD 500/mt over the past week to NTD 9,500-9,900/mt ($308-321/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 ($1,021-1,102/mt) ex-yard.
The above prices include five percent VAT and are for mid-May shipments.
$1 = NTD 30.85