SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have declined by NTD 800/mt ($25/mt) over the past week to NTD 9,700-10,400/mt ($304-325/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have remained stable over the past week at NTD 38,000-40,500/mt ($1,189-1,267/mt) ex-yard.
The above prices include five percent VAT and are for mid-September shipments.
$1 = NTD 31.96