Local scrap prices in Taiwan

Local scrap prices in Taiwan

Taiwanese EAF mill YUSCO, producer of stainless steels, has recently purchased 20,000 tons of mixed scrap (Bonus/HMS I) in local market at NTD 8'900/mt ($275/mt). However, lower quality scrap used by local commercial grade carbon steel makers is sold at NTD 7'600/mt ($235/mt) according to market reports.