TAIPEI (Scrap Register): Prices for containerized Taiwanese imports of HMS # 1&2 80:20 edged up by $1 a ton to $220 a ton during the week ended August 26, as per the latest figures from The Steel Index.
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Offer prices of imported ISRI grade scrap increased this week to Taiwanese mills, but producers were not willing to accept.
Most deals were known to have concluded in the earlier part of the week, with prices remaining similar to last week’s.
Mills have however questioned the current price level, as demand has remained weak in the domestic market.
(This article is compiled by Vibin Antony on behalf of Scrap Register. Send in your suggestions and comments to firstname.lastname@example.org)