Import prices for containerized ferrous scrap in Taiwan were supported by limited supply due to vessel congestion and high demand amid restocking activity from buyers, sources said on Tuesday September 28.
Taiwan import containerized scrap prices rise on restocking needsVessel congestion remains high off Los Angeles/Long Beach portsJapanese sellers offer heavy scrap at higher prices to ChinaTaiwan"The electricity rationing during summertime is coming to an end and mills are expected to produce at full capacity from next month. We would expect the scrap prices to...