ASIA STEEL SCRAP DIGEST: Taiwanese buyers continue to purchase at higher prices

Buyers in Taiwan continued to purchase containerized scrap cargoes at higher prices on Thursday October 21 amid bullishness in the spot market, sources said.

Taiwan continues to book containerized cargoes at higher prices Spot prices in China edge down amid losses in finished steel futures Tokyo Steel announces another rise in domestic scrap purchase price Taiwan Taiwanese buyers continued to secure containerized heavy melting scrap (HMS) 1&2 (80:20) at higher prices on Thursday, purchasing cargoes at $485-488 per tonne cfr Taiwan. Sellers have continued to keep offers high at...

Published

Paul Lim

Tianran Zhao

October 21, 2021

11:10 GMT

Shanghai, Singapore