SteelOrbis has been informed that the price of stainless scrap in Taiwan is being quoted at NTD 54,000-56,000/mt ($1,676-1,738/mt) ex-yard, including five percent VAT, for middle/late December shipments. The prices indicate an increase of NTD 4,000-5,500/mt ($124-171/mt) as compared to last week.
US$1 = NTD 32.2170