SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have dropped by NTD 300/mt ($10/mt) over the past week to NTD 10,500-11,200/mt ($352-376/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have decreased by NTD 7,000/mt ($235/mt) over the past week to NTD 40,500-43,000/mt ($1,360-1,444/mt) ex-yard.
The above prices include five percent VAT and are for late July/early August shipments.
$1 = NTD 29.77