TAIWAN STEEL SCRAP: Prices continue downtrend on Covid-19 resurgence in Asia

Prices for containerized ferrous scrap in the Taiwan import market continuedto fall during the week to Friday July 23 due to a resurgence of Covid-19 cases in many parts of Asia causing more lockdowns, sources told Fastmarkets.

Fastmarkets' daily price assessment for containerized steel scrap, heavy melting scrap 1&2 (80:20), United States material import, cfr main port Taiwan was $450 per tonne on Friday, unchanged from the previous day and down by $10 week on week from $460 per tonne.
Transactions were concluded at increasingly lower prices throughout the week, sources said.

Containerized HMS 1&2 (80:20) from the United States were sold at $452-453 per tonne cfr Taiwan on Monday and Tuesday and more materials were sold at...

Another 'Bubble Check' for the gold sector

Gold stocks continue to hit new highs

Some mining stocks exposed to Burkina Faso take major hit

Gold stocks again hit new highs

Gold stocks reach new highs on metal price gain