Taiwanese scrap import prices rise by $10 per tonne on higher deals

Taiwan’s prices for imports of containerised HMS-grade ferrous scrap have risen by $10 per tonne over the past week, as higher-priced deals have been heard.

The rise in the imported scrap prices for the country was driven by the increase in import prices for the raw material in Turkey, the world’s largest importer of ferrous scrap.

Turkish imported scrap prices have risen by $31-33 per tonne since the start of August, as the demand for finished steel, especially in the country’s domestic market, has been...

Published

Nadia Popova

August 18, 2017

13:52 GMT

Moscow