SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have decreased by NTD 300/mt ($9/mt) during the past week to NTD 5,200-6,100/mt ($159-186/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have remained unchanged over the past week at NTD 32,000-40,000/mt ($977-1,221/mt) ex-yard.
The above prices include five percent VAT and are for shipments in late October.
$1 = NTD 32.75