SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have remained unchanged over the past week at NTD 11,300-12,000/mt ($393-417/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 ($1,269-1,356/mt) ex-yard.
The above prices include five percent VAT and are for middle and end of May shipments.
$1 = NTD 28.75