TAIWAN STEEL SCRAP: Prices rangebound amid stable demand

Prices in the Taiwanese containerized ferrous scrap import market were largely rangebound this week amid stable demand from buyers, sources told Fastmarkets.

Fastmarkets’ daily price assessment for containerized steel scrap, heavy melting scrap 1&2 (80:20), United States material import, cfr main port Taiwan was $440-442 per tonne on Friday June 11, unchanged from Thursday. The range is wider by $2 per tonne on the upper end compared with the June 4 assessment of $440 per tonne.

Sellers offered cargoes at $445-450 per tonne cfr Taiwan at the start of this...

Published

Paul Lim

June 11, 2021

09:42 GMT

Singapore