Port congestion off the coast of Los Angeles, southern California, is still stymieing spot trades for containerized heavy melting scrap 1&2 (80:20) to Taiwan, market sources said this week.
Fastmarkets' daily price assessment for containerized steel scrap HMS 1&2 (80:20 mix) US material import, cfr main port Taiwan was $452-453 per tonne on Friday September 10, unchanged from Thursday and up by $5-7 from $445-448 per tonne a week prior.Offers were at $450-455 per tonne cfr Taiwan on Monday, including position cargoes by traders, before increasing to...