SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have moved down by NTD 800/mt during the past week to NTD 10,500-11,000/mt ($357-374/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have declined by NTD 300/mt over the past week to NTD 37,200-40,700/mt ($1,264-1,383/mt) ex-yard.
The above prices include five percent VAT and are for mid-May shipments.
$1 = NTD 29.42