SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have increased by NTD 200/mt ($6/mt) during the past week to NTD 7,400-8,300/mt ($231-260/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have remained unchanged over the past week at NTD 35,000-38,000/mt ($1,095-1,189/mt) ex-yard.
The above prices include five percent VAT and are for shipments in early and mid-December.
$1 = NTD 31.97