SteelOrbis has been informed that the price of stainless scrap in Taiwan is being quoted at NTD 31,000-35,000/mt ($886-1,000/mt) ex-yard, including five percent VAT, for mid-March shipments. The prices have shown a decrease of NTD 1,000/mt ($29/mt) as compared to last week.
US$1 = NTD 34.9895