Taiwan steel scrap import market to reach bottom soon, sources say

Spot prices for imported containerized ferrous scrap in Taiwan were steady on Wednesday May 18 with many market participants saying that they expected the import price to reach a market bottom soon.

There were transactions for containerized cargoes heard concluded at $443-445 per tonne cfr Taiwan on Wednesday.

Bids for containerized HMS 1&2 (80:20) were heard at $440-449 per tonne cfr Taiwan....

Published

Tianran Zhao

May 18, 2022

11:50 GMT

Shanghai