SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have declined NTD 200/mt ($6/mt) over the past week to NTD 11,100-11,800/mt ($343-364/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 40,500-43,000/mt ($1,250-1,328/mt) ex-yard.
The above prices include five percent VAT and are for early-to-mid November shipments.
$1 = NTD 32.39