Taiwanese scrap import prices continue bullish trend on steady demand

Taiwan’s prices for imports of containerized HMS-grade ferrous scrap moved up further this week on sustained demand and limited supply.

Metal Bulletin’s price assessment for imports of USA-origin HMS 1&2 (80:20) into Taiwan was $304-310 per tonne cfr for the week ending Friday November 24. This is up $4-5 per tonne from the previous week. Prices have risen for the fifth consecutive week. Negotiations for USA-origin HMS 1&2 (80:20) were within $304-310 per tonne cfr Taiwan. Offers of similar material from the United...

Published

Paul Lim

November 24, 2017

09:00 GMT

Singapore