SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have remained stable over the past week at NTD 16,000-16,700/mt ($547-571/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have dropped by NTD 8,000/mt ($273/mt) over the past week to NTD 59,500-62,000/mt ($2,035-2,121/mt) ex-yard.
The above prices include five percent VAT and are for mid-to-late May shipments.
$1 = NTD 29.23