SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have decreased by NTD 200/mt during the past week to NTD 9,800-10,200/mt ($318-331/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have moved down by NTD 1,000/mt over the past week to NTD 31,200-33,700/mt ($1,012-1,093/mt) ex-yard.
The above prices include five percent VAT and are for early January shipments.
$1 = NTD 30.83