SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have remained unchanged over the past week at NTD 8,900-9,600/mt ($274-295/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 34,000-36,500/mt ($1,046-1,123/mt) ex-yard.
The above prices include five percent VAT and are for late May-early June shipments.
$1 = NTD 32.49