SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have dropped by NTD 500/mt ($16/mt) over the past week to NTD 11,900-12,600/mt ($391-414/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have remained unchanged over the past week at NTD 43,500-46,000/mt ($1,428-1,510/mt) ex-yard.
The above prices include five percent VAT and are for mid-to-late April shipments.
$1 = NTD 30.47