SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have increased by NTD 100/mt during the past week to NTD 10,200-10,700/mt ($347-364/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have moved up by NTD 1,000/mt over the past week to NTD 35,500-39,000/mt ($1,209-1,328/mt) ex-yard.
The above prices include five percent VAT and are for mid-March shipments.
$1 = NTD 29.36