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 10,900-11,400/mt ($354-370/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have moved sideways over the past week at NTD 36,200-38,700/mt ($1,176-1,257/mt) ex-yard.
The above prices include five percent VAT and are for early November shipments.
$1 = NTD 30.79