SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have increased by NTD 300/mt during the past week to NTD 7,900-8,800/mt ($246-274/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have moved sideways over the past week at NTD 36,000-39,500/mt ($1,122-1,231/mt) ex-yard.
The above prices include five percent VAT and are for early January shipments.
$1 = NTD 32.09