SteelOrbis has been informed that the price of stainless scrap in Taiwan has climbed up to the range of NTD 57,000-61,000/mt ($1,785-1,910/mt) ex-yard, an increase of NTD 1,000/mt ($31/mt) as compared to last week.
The above prices, which include five percent VAT, are for middle/late March shipments.
$1 = NTD 31.94