SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have risen by NTD 400/mt ($13/mt) over the past week to NTD 11,800-12,500/mt ($384-407/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 42,500-45,000/mt ($1,385-1,466/mt) ex-yard.
The above prices include five percent VAT and are for late January shipments.
$1 = NTD 30.69