SteelOrbis has been informed that the prices of HMS I/II carbon scrap in Taiwan have declined by NTD 500/mt ($16/mt) over the past week to NTD 10,700-11,400/mt ($340-362/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 36,500-39,000/mt ($1,159-1,238/mt) ex-yard.
The above prices include five percent VAT and are for late March-early April shipments.
$1 = NTD 31.50