TAIWAN STEEL SCRAP: Price uptrend continues despite stable downstream markets

The price uptrend for imported containerized ferrous scrap in key market Taiwan continued over the past week.

Fastmarkets’ daily price assessment for containerized cargoes of steel scrap, HMS 1&2 (80:20), US material import, cfr main port Taiwan was $255-257 per tonne on Friday August 7, unchanged from a day earlier but up by $7-8 per tonne from $248-249 per tonne cfr Taiwan on July 30.

Transactions for containerized cargoes of heavy melting scrap 1&2 (80:20) from the United States West Coast were...

Published

Paul Lim

August 07, 2020

10:11 GMT

Singapore