Taiwanese scrap import prices fall further on ample offers

Import prices for containerized heavy melting scrap (HMS) in Taiwan dropped further over the past week, due to a sharp increase in the number of cargoes being offered on the spot market.

Metal Bulletin’s price assessment for imports of United States-origin HMS 1&2 (80:20) into Taiwan was $340-345 per tonne cfr for the week ended Friday January 26, down $8-15 per tonne from a week earlier.
Transactions were concluded within the assessment range, with buyers purchasing small quantities even as prices started to fall.

Sellers...

Published

Paul Lim

January 26, 2018

10:20 GMT

Singapore