SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have decreased by NTD 300/mt over the past week to NTD 7,600-8,300/mt ($264-289/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have increased by NTD 1,000/mt over the past week to NTD 37,000-39,500/mt ($1,287-1,374/mt) ex-yard.
The above prices include five percent VAT and are for late October shipments.
$1 = NTD 28.749