SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have remained stable over the past week at NTD 11,700-12,400/mt ($418-443/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have increased by NTD 2,000/mt ($71/mt) over the past week to NTD 41,500-44,000/mt ($1,482-1,571/mt) ex-yard.
The above prices include five percent VAT and are for mid-July shipments.
$1 = NTD 28.00