SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have increased by NTD 200/mt during the past week to NTD 7,300-7,600/mt ($240-250/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have declined by NTD 800/mt on the upper end over the past week to NTD 32,000-37,000/mt ($1,053-1,244/mt) ex-yard.
The above prices include five percent VAT and are for mid/late July shipments.
$1 = NTD 30.38