Taiwanese HMS 1/2 80:20 containerized scrap import prices edge up to $348 a ton-Shanghai Metals Market

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Taiwanese HMS 1/2 80:20 containerized scrap import prices edge up to $348 a ton

Industry News 08:41:41AM Aug 12, 2014 Source:SMM

TAIWAN August 11 2014 4:46 PM

TAIPEI (Scrap Register): The scrap index for containerised Taiwanese imports of HMS # 1&2 80:20 edged up by $1 a ton week on week to finish at $348 a ton CFR Taiwanese port in the week ended August 08th this year.

According to TSI, demand for scrap from mills picked up as they looked to replenish scrap inventories in anticipation of a ramp-up in production following the completion of annual maintenance.

This increased demand translated into mills being prepared to pay a slightly higher price for scrap, despite finished steel demand remaining subdued.

 

Key Words:  The Steel Index 

Taiwanese HMS 1/2 80:20 containerized scrap import prices edge up to $348 a ton

Industry News 08:41:41AM Aug 12, 2014 Source:SMM

TAIWAN August 11 2014 4:46 PM

TAIPEI (Scrap Register): The scrap index for containerised Taiwanese imports of HMS # 1&2 80:20 edged up by $1 a ton week on week to finish at $348 a ton CFR Taiwanese port in the week ended August 08th this year.

According to TSI, demand for scrap from mills picked up as they looked to replenish scrap inventories in anticipation of a ramp-up in production following the completion of annual maintenance.

This increased demand translated into mills being prepared to pay a slightly higher price for scrap, despite finished steel demand remaining subdued.

 

Key Words:  The Steel Index