SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have increased by NTD 200/mt over the past week to NTD 7,700-8,000/mt ($255-265/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have moved down by NTD 2,000/mt over the past week to NTD 33,500-36,000/mt ($1,109-1,192/mt) ex-yard.
The above prices include five percent VAT and are for middle and late December shipments.
$1 = NTD 30.20