SteelOrbis has been informed that the price of stainless scrap in Taiwan is being quoted at NTD 58,000-65,000/mt ($1,813-2,032/mt) ex-yard, including five percent VAT, for middle/late February shipments. The prices indicate an increase of NTD 5,000/mt ($156/mt) as compared to last week.
US$1 = NTD 31.987