It's reported that the US scrap export quotes to Taiwan have continued rising recently.
This week, the quotes of the US container HMS 80:20 (1&2) to Taiwan are at US$348/ton CFR, rising by US$3/ton from a week ago.
Industry sources predicted that the actual selling prices would be at US$345/ton CFR this week, in comparison of US$340~US$342/ton CFR in a week ago.
Meanwhile, it's known that the scrap prices started to rise in the US domestic market since July, pushing up scrap export quotes.
News Date 7/17/2013 10:48:14 AM reported by Nann Cheng