Stainless scrap price in Taiwan drops sharply

SteelOrbis has been informed that the price of stainless scrap in Taiwan is being quoted at NTD 62,000-66,000/mt ($1,914-2,037/mt) ex-yard, including five percent VAT, for late December/early January shipments. The price indicates a sharp drop of NTD 21,500/mt ($666/mt) as compared to the previous week.