SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have decreased by NTD 400/mt ($14/mt) over the past week to NTD 11,300-12,000/mt ($406-431/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have decreased by NTD 2,000 ($72/mt) over the past week to NTD 47,500-50,000/mt ($1,708-1,798/mt) ex-yard.
The above prices include five percent VAT and are for early September shipments.
$1 = NTD 27.81