TAIWAN STEEL SCRAP: Prices slip as restocking demand eases

October 02, 2021 / www.metalbulletin.com / Article Link

Spot prices for containerized ferrous scrap in Taiwan slipped in the week to Friday October 1 amid an easing in restocking demand by steel mills.

Fastmarkets' daily price assessment for containerized steel scrap HMS 1&2 (80:20 mix) US material import, cfr main port Taiwan was $460 per tonne on Friday, unchanged from Thursday, but down by $3 per tonne from $463 per tonne on September 24.

Buyers remained focused on containerized scrap this week amid...

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