US scrap export prices to Taiwan remain flat

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Publish time: 26th September, 2013      Source: ChinaCCM
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It's reported that the US scrap export prices to Taiwan have remained flat this week.

This week, the quotes of the US HMS 80:20 (1&2) to Taiwan are at US$347/ton CFR and the expected transaction prices are at US$345/ton CFR.

However, the Taiwanese steel mills bid US$340/ton CFR for the US scraps. Thus, there is no transaction so far.