SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have remained unchanged over the past week at NTD 10,000-10,700/mt ($316-339/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have dropped by NTD 1,000/mt ($32/mt) over the past week to NTD 36,500-39,000/mt ($1,155-1,234/mt) ex-yard.
The above prices include five percent VAT and are for shipments in mid-to-late July.
$1 = NTD 31.61