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 7,600-8,500/mt ($242-271/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have moved down by 1,000-2,000 NTD/mt ($32-64/mt) week on week to NTD 40,000-44,000/mt ($1,273-1,400/mt) ex-yard.
The above prices include five percent VAT and are for middle and end of March shipments.
$1 = NTD 31.42
Carbon and stainless scrap prices in Taiwanese domestic market - week 8
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