SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have increased by NTD 300/mt over the past week to NTD 7,300-7,900/mt ($245-265/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 ($1,057-1,141/mt) ex-yard.
The above prices include five percent VAT and are for late May shipments.
$1 = NTD 29.7904