ASIA STEEL SCRAP DIGEST: Taiwan books containerized scrap at $440 cfr

August 26, 2021 / www.metalbulletin.com / Article Link

Prices for containerized steel scrap imported into Taiwan remained flat on Wednesday August 25, but sources said the outlook in the market was shaky for the coming month.

Taiwan buys containerized scrap at $440 per tonne in recent dealsWide bid-offer gap cfr China scrap persistsDeal at lower price heard for shredded scrap to IndiaTaiwan
There were transactions concluded at $440 per tonne cfr Taiwan for containerized heavy melting scrap 1&2 (80:20) on Wednesday, sources said.

Offers for the material were heard at $445 per tonne cfr Taiwan on Wednesday, compared with $440-445 per tonne on Tuesday. Sources said on Tuesday that $440 per tonne cfr was the most likely price for the next transaction in the...

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