SteelOrbis has been informed that the price of stainless scrap in Taiwan is being quoted at NTD 44,000-47,000/mt ($1,336-1,427/mt) ex-yard, including five percent VAT, for late June shipments. The prices have shown an increase of NTD 5,000-6,000/mt ($152-182/mt) as compared to last week.
US$1 = NTD 32.9794