HomeProduct Complimentary download Taiwan’s scrap import prices remain flat

Taiwan’s scrap import prices remain flat

Keyword:
Publish time: 27th June, 2013      Source: ChinaCCM
Information collection and data processing:  CCM     For more information, please contact us
It's reported that the export quotes of the US container HMS 80:20 (1&2) to Taiwan have remained flat at US$338~US$340/ton CFR, keeping unchanged for consecutive three weeks.

Meanwhile, the actual transaction prices have also remained stable at US$33~US$338/ton CFR.

It's learned that the US scrap suppliers offered quotes of US$335/ton CFR due to depreciated Taiwanese dollars against the US dollar.

However, as rebar prices slumped in the Taiwanese market, the US scrap offers seem unfavorable to the Taiwanese buyers.