SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have moved down by NTD 200/mt during the past week to NTD 8,600-9,000/mt ($279-292/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 30,200-32,700/mt ($981-1.062/mt) ex-yard.
The above prices include five percent VAT and are for late February shipments.
$1 = NTD 30.79