SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have decreased by NTD 1,000/mt (36$/mt) over the past week to NTD 11,000-11,700/mt ($396-422/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have remained stable over the past week at NTD 47,500-50,000/mt ($1,713-1,803/mt) ex-yard.
The above prices include five percent VAT and are for early October shipments.
$1 = NTD 27.72