TAIPEI: Taiwan’s prices for imports of containerized heavy melting scrap (HMS) increased further this week, tracking the gains of ferrous scrap prices around the world.
Metal Bulletin’s price assessment for imports of United States-origin HMS 1&2 (80:20) into Taiwan was $335-343 per tonne cfr for the week ending Friday December 22,up $10-13 per tonne from the previous week. Negotiations for US origin HMS 1&2 (80:20) mostly took place within the assessed range, with offers heard between $338 and $345 per tonne cfr Taiwan. “Prices have been up throughout the course of the week, climbing consistently on various.
