Taiwanese import scrap prices follow market upward by $5-15 per tonne

Taiwan’s import prices for containerised HMS-grade ferrous scrap have risen by $5-15 per tonne over the past week, as the local mills have accepted the higher offers heard earlier.

The increases followed the dynamics in the key market of the world’s largest ferrous scrap importer, Turkey, where import prices have gone up by around $19-20 per tonne over the past week.

The higher imported scrap prices in Taiwan initially met with customer resistance...

Published

Nadia Popova

August 11, 2017

14:05 GMT

Moscow