SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have declined by NTD 200/mt ($6/mt) over the past week to NTD 9,300-10,000/mt ($288-310/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 33,000-35,500/mt ($1,022-1,099/mt) ex-yard.
The above prices include five percent VAT and are for shipments in mid-August.
$1 = NTD 32.29