SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have dropped by NTD 600/mt ($20/mt) over the past week to NTD 11,700-12,400/mt ($392-416/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have decreased by NTD 1,000/mt ($33/mt) over the past week to NTD 47,500-50,000/mt ($1,593-1,677/mt) ex-yard.
The above prices include five percent VAT and are for mid-July shipments.
$1 = NTD 29.80