SteelOrbis has been informed that the price of stainless scrap in Taiwan has dropped down to the range of NTD 55,000-58,000/mt ($1,716-1,810/mt) ex-yard, a decrease of NTD 2,000/mt ($62/mt) as compared to last week.
The above prices, which include five percent VAT, are for early March shipments.
$1 = NTD 32.04