SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have moved down by NTD 200/mt over the past week to NTD 7,900-8,300/mt ($253-266/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have rincreased by NTD 2,500/mt over the past week at NTD 35,000-37,500/mt ($1,122-1,202/mt) ex-yard.
The above prices include five percent VAT and are for early and mid-October shipments.
$1 = NTD 31.20