SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have increased by NTD 200/mt ($6/mt) over the past week to NTD 9,700-10,400/mt ($302-324/mt) ex-yard on actual weight basis.
In the meantime, stainless steel scrap prices in the Taiwanese domestic market have remained unchanged over the past week at NTD 38,500-41,000/mt ($1,199-1,277/mt) ex-yard.
The above prices include five percent VAT and are for mid-November shipments.
$1 = NTD 32.10