Taiwan scrap import prices rise even as Chinese material comes in

Import prices for USA-origin containerised HMS-grade ferrous scrap in Taiwan have moved up this week despite the confirmation of bookings of Chinese bulk scrap cargoes into the territory.

Japanese bulk scrap prices also plunged earlier in the week, which has made a number of market participants become cautious and look for a clearer pricing direction, sources said.



Juan Weik

May 12, 2017

14:03 GMT