Fastmarkets’ daily price assessment for containerized steel scrap, HMS 1&2 (80:20), US material import, cfr main port Taiwan
was $425-430 per tonne on Friday February 26, widening upward by $5 per tonne from Thursday's price, but up by $15 per tonne from $410-415 per tonne on February 19
Transactions for containerized ferrous scrap have increased continually this week, with transactions concluded at $425 per tonne cfr Taiwan by Tuesday and Wednesday. Negotiation levels increased to $425-430 per tonne cfr Taiwan by Friday.
There was market chatter that bids had increased to $430 per tonne cfr Taiwan by Friday, but this could not be confirmed.
Offers for US-origin containerized...