Import prices for containerized heavy melting scrap (HMS) in Taiwan showed some signs of softening this week on increased supply.
Metal Bulletin's price assessment for imports of United States-origin HMS 1&2 (80:20) into Taiwan was $348-360 per tonne cfr for the week ended Friday January 19, widening downward by $2 per tonne from a week earlier.Sellers continued to offer cargoes at $360 per tonne cfr this week, without letting offer prices slip due to continued harsh weather conditions in the US."Judging from the number of offers...