SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have increased by NTD 300/mt over the past week to NTD 7,300-7,600/mt ($240-250/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have moved up by NTD 1,000/mt over the past week to NTD 35,500-38,000/mt ($1,167-1,249/mt) ex-yard.
The above prices include five percent VAT and are for late November and early December shipments.
$1 = NTD 30.42