Stainless scrap price quotation in Taiwan

SteelOrbis has been informed that the price of stainless scrap in Taiwan is being quoted at NTD 50,000-70,000/mt ($1,521-2,130/mt) ex-yard, including five percent VAT, for late July shipments. Stainless steel scrap prices have recorded a decline compared to last week due to the sharp fall in nickel prices.