Taiwanese scrap import prices inch down in generally stable market

Taiwan’s prices for imports of containerised HMS-grade ferrous scrap have gone down slightly over the past week on lower deals heard, while domestic scrap was still preferred and local rebar demand has continued to be weak.

Metal Bulletin’s price assessment for imports of USA-origin HMS 1&2 (80:20) into Taiwan was $285-290 per tonne cfr for the week ending Friday September 22. This was down by $5 on the higher end from $285-295 per tonne in the previous week.

Deals for USA-origin HMS 1&2 (80:20) were mainly heard at...

Published

Nadia Popova

September 22, 2017

15:50 GMT

Moscow