SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have declined by NTD 300/mt ($9.5/mt) since last week to NTD 7,900-8,800/mt ($250-279/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have moved down by 1,500 NTD/mt ($46/mt) to NTD 42,000-45,000/mt ($1,331-1,426/mt) ex-yard.
The above prices include five percent VAT and are for mid-March shipments.
$1 = NTD 31.55
Carbon and stainless scrap prices in Taiwanese domestic market - week 7
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