Taiwanese scrap import prices up marginally on demand pick-up

Import prices for containerized heavy melting scrap (HMS) in Taiwan widened upward this week due to a slight improvement in buying interest.

Metal Bulletin’s price assessment for United States-origin HMS 1&2 (80:20) sold into Taiwan was $340-345 per tonne cfr on Friday May 11, widening upward by $2 per tonne from a week ago. Deals involving US-origin cargoes were heard to have been concluded at $340-343 per tonne cfr Taiwan this week. This includes some 2,000-3,000 tonnes that were imported by a major Taiwanese re-roller at $340-342 per tonne cfr. Offers from the US were heard at $340-350 per tonne cfr Taiwan, but...

Published

Fiona Lam

May 11, 2018

11:23 GMT

Singapore