US scrap export prices to Taiwan continues rising

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Publish time: 28th August, 2013      Source: ChinaCCM
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It's reported that the US scrap export prices to Taiwan have continues rising recently.

This week, the quotes of the US container HMS 80:20 (1&2) to Taiwan are at US$370/ton CFR, rising by US$8/ton from a week ago.

However, it's said that the prices are unfavorable to the Taiwanese steel mills.

Meanwhile, the US scrap export prices to Taiwan have surged by US$16~US$18/ton over the past two weeks.