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 10,900-11,600/mt ($336-357/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 ($1,248-1,325/mt) ex-yard.
The above prices include five percent VAT and are for mid-November shipments.
$1 = NTD 32.46