US Scrap Export Prices to Taiwan Fall

  • Thursday, September 12, 2013
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  • Keywords:scrap export US to Taiwan
[Fellow]
It’s reported that the US scrap export prices to Taiwan have dropped this week after continuously rising over the past four weeks.
 
At present, the quotes of the US HMS 80:20 (1&2) to Taiwan are at US$362~US$363/ton CFR, falling by US$5/ton from a week ago.
 
It’s said that the US scrap suppliers expect that the actual selling prices are at US$360/ton CFR. However, the Taiwanese steelmakers set the prices at US$355/ton CFR.
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