Taiwan's scrap import prices down again on bearish sentiment

Taiwan’s import prices for containerised HMS-grade ferrous scrap continued to weaken over the past week as bearishness grew.

Metal Bulletin’s assessment of import prices for USA-origin HMS 1&2 (80:20) into Taiwan was $280-285 per tonne cfr for the week ended Friday September 29, down by $5 from $285-290 per tonne in the preceding week.
Offers from the USA were heard at $285-295 per tonne cfr Taiwan, but bids held firmly at $280-282 per tonne cfr.

Negotiations...

Published

Paul Lim

September 29, 2017

10:42 GMT

Singapore