Taiwan’s scrap import prices end week below $200 per tonne cfr

Import prices for containerised HMS-grade scrap in Taiwan have dipped as low as $195-200 per tonne over the past week, bringing the total fall in the price to nearly $100 per tonne in less than a month’s time.

Steel First’s import price assessment for USA-origin HMS 1&2 (80:20) was $195-215 per tonne cfr Taiwan for the week ended Friday May 20, down by $30-35 from the previous $230-245 per tonne range.

The assessment compares with peak prices of $285-295 per tonne cfr at the...


Juan Weik

May 20, 2016

13:30 GMT