SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have increased by NTD 200/mt ($7/mt) over the past week to NTD 11,300-12,000/mt ($402-427/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 36,500-39,000/mt ($1,299-1,388/mt) ex-yard.
The above prices include five percent VAT and are for early and mid May shipments.
$1 = NTD 28.10