SteelOrbis has been informed that the prices of HMS I/II carbon
scrap in
Taiwan have moved down by NTD 200/mt during the past week to NTD 6,900-7,200/mt ($230-240/mt) ex-yard on actual weight basis.
In the meantime, stainless steel
scrap prices in the Taiwanese domestic market have declined by NTD 1,000/mt on the lower end over the past week to NTD 34,000-39,000/mt ($1,132-1,299/mt) ex-yard.
The above prices include five percent VAT and are for early June shipments.
$1 = NTD 30.03