Import prices for containerized ferrous scrap in Taiwan started a recovery in the middle of this week amid increased demand, breaking an almost three-week downward streak.
Fastmarkets' daily price assessment for containerized cargoes of steel scrap, HMS 1&2 (80:20), US material import, cfr main port Taiwan was $230-235 per tonne on Thursday July 9, up by $2-5 per tonne from $228-230 per tonne from a day earlier and widening upward by $5 per tonne from $230 per tonne cfr Taiwan on July 3.Spot prices for containerized...