Containerized scrap offers to Taiwan well supported by bullish sentiment in Turkey

Spot prices for steel scrap imported into Taiwan continued to trend up on Thursday December 7 due to bullish sentiment in major importer Turkey, which has led to suppliers in the US raising their offers to Taiwan.

The latest offer prices for US-origin containerized heavy melting scrap (HMS) 1&2 (80:20) was heard at $385-393 per tonne CFR Taiwan on Thursday, up by $5 per tonne week on...

Published

Tianran Zhao

December 07, 2023

11:50 GMT

Shanghai