Prices for containerized steel scrap imported into Taiwan remained flat on Wednesday August 25, but sources said the outlook in the market was shaky for the coming month.
- Taiwan buys containerized scrap at $440 per tonne in recent deals
- Wide bid-offer gap cfr China scrap persists
- Deal at lower price heard for shredded scrap to India
Taiwan
There were transactions concluded at $440 per tonne cfr Taiwan for containerized heavy melting scrap 1&2 (80:20) on Wednesday, sources said.
Offers for the material were heard at $445 per tonne cfr Taiwan on Wednesday, compared with $440-445 per tonne on Tuesday.
Source By Metalbulletin