Taiwanese scrap import prices up for 4th consecutive week on steady demand

Taiwan’s import prices for containerized HMS-grade ferrous scrap remained on a bullish trend this week as stable demand continued.

Metal Bulletin’s price assessment for imports of HMS 1&2 (80:20) from the United States into Taiwan was $300-305 per tonne cfr for the week ending Friday November 17, up $5 per tonne from the previous week. Prices increased for the fourth consecutive week. Most discussions between buyers and sellers for USA-origin HMS 1&2 (80:20) were in the range $300-305 per tonne cfr Taiwan, while offers came in at $305-310 per tonne...

Published

Paul Lim

November 17, 2017

11:31 GMT

Singapore