US scrap export prices to Taiwan continue rising

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Publish time: 22nd November, 2013      Source: ChinaCCM
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It's reported that the US scrap export prices to Taiwan have continued rising recently.

This week, the quotes of the US container HMS 80:20 (1&2) to Taiwan are at US$372~US$375/ton CFR.

It's said that the US scrap suppliers are unwilling to lower prices while they reduced the supply volumes.

Industry sources predicted that the US scrap export prices to Taiwan would continue rising in the near future as the scrap selling prices have rose to US$409/ton CFR in the Asian market.