SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have increased by NTD 300/mt ($9/mt) over the past week to NTD 9,500-10,200/mt ($296-317/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have increased by NTD 500/mt ($16/mt) over the past week to NTD 38,500-41,000/mt ($1,198-1,276/mt) ex-yard.
The above prices include five percent VAT and are for early November shipments.
$1 = NTD 32.14