US Scrap Export Prices to Taiwan Fall

  • Monday, September 16, 2013
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  • Keywords:Scrap Export US to Taiwan
[Fellow]
Reportedly, the export prices of the US HMS 80:20 (1&2) to Taiwan have dropped to US$355/ton CFR this week, decreasing by US$7~US$10/ton from a week ago.
 
It’s learned that the US scrap suppliers offered HMS 80:20 (1&2) quoted at US$362~US$350/ton CFR this week and the transaction prices were at US$355/ton CFR, falling by US$7~US$10/ton from the previous week, affected by the fact that Turkey’s purchasing prices of the US scrap slumped by US$15/ton recently.
 
Meanwhile, it’s said that the Taiwanese steel mills expected to purchase the US HMS 80:20 (1&2) at prices of US$350/ton CFR.
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