TAIWAN STEEL SCRAP: Buyers chase prices higher amid steady demand

July 31, 2020 / www.metalbulletin.com / Article Link

Taiwanese buyers continued to purchase at higher prices for imported containerized ferrous scrap over the past week.

Fastmarkets' daily price assessment for containerized cargoes of steel scrap, HMS 1&2 (80:20), US material import, cfr main port Taiwan was $248-249 per tonne on Thursday July 30, increasing $1 per tonne from a day earlier and up by $4-5 per tonne from $243-245 per tonne cfr Taiwan a week earlier.

Buyers purchased containerized cargoes...

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