Taiwanese scrap import prices stable despite weak trading

Taiwan’s prices for imports of containerised HMS-grade ferrous scrap have remained stable over the past week, as deals, bids and offers have all been heard at values similar to those of last week.

One source said of the market dynamics: “This week has been quiet in Taiwan’s imported scrap market … It looks like the market has stabilised.”

Domestic scrap is being preferred over imports in Taiwan at the moment, as its availability has increased compared with previous weeks, while prices are lower for local...

Published

Nadia Popova

August 25, 2017

14:02 GMT

Moscow