US scrap export prices to Taiwan fall

Keyword:
Publish time: 12th September, 2013      Source: ChinaCCM
Information collection and data processing:  CCM     For more information, please contact us

It's reported that the US scrap export prices to Taiwan have dropped this week after continuously rising over the past four weeks.

At present, the quotes of the US HMS 80:20 (1&2) to Taiwan are at US$362~US$363/ton CFR, falling by US$5/ton from a week ago.

It's said that the US scrap suppliers expect that the actual selling prices are at US$360/ton CFR. However, the Taiwanese steelmakers set the prices at US$355/ton CFR.