SteelOrbis has been informed that the price of stainless scrap in Taiwan is being quoted at NTD 58,000-60,000/mt ($1,823-1,886/mt) ex-yard, including five percent VAT, for mid-February shipments. The prices indicate an increase of NTD 4,000-7,500/mt ($126-236/mt) as compared to last week.
US$1 = NTD 31.765