On January 26, SteelOrbis reported ex-US HMS I/II 80:20 offers to Taiwan at $345/mt CFR on limited trades reportedly at $340-345/mt CFR.
As quantities on offer increased along with some downward pressure on Japanese H2 domestic and export scrap prices, sources inform SteelOrbis that ex-US HMS I/II 80:20 offer prices are presently at $335-338/mt CFR with recent deals at $330-335/mt CFR. Over the past week, the price on deals decreased by $10/mt while offers declined by $7-10/mt.