SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have remained stable over the past week at NTD 11,500-12,200/mt ($411-436/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have increased by INR 1,000/mt ($36/mt) over the past week to NTD 40,000-42,500/mt ($1,428-1,517/mt) ex-yard.
The above prices include five percent VAT and are for mid February shipments.
$1 = NTD 28.01