Taiwanese Containerized Scrap import prices tick up to $151 a ton

Prices for containerized Taiwanese imports of HMS # 1&2 80:20 edged up during the week ended December 18, as per the latest figures from The Steel Index.

According to TSI, the index for containerized Taiwanese imports of HMS #1&2 80:20 ticked up $1 a ton to $151 a ton CFR Taiwanese port the week.

Taiwanese mills purchased more ISRI grade scrap than seen over previous weeks, with yards seemingly willing to lower their offers to meet the firm demands from mills. 

However, most mills bought this week solely for the purpose of building inventory and not due to any sort of uptick in demand.

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