TAIWAN December 08 2015 10:35 AM
TAIPEI (Scrap Register): Prices for containerized Taiwanese imports of HMS # 1&2 80:20 prices edged up by during the week ended November 27, as per the latest figures from The Steel Index.
According to TSI, prices for containerized Taiwanese imports of HMS #1&2 80:20 edged up by $1 a ton to finish at $150 a ton CFR Taiwanese port the week.
Appetite for Japanese cargoes remains strong, with several shipments heard booked the week. Taiwanese mills reported of not receiving any offers from ISRI suppliers in the US, although a trade was eventually heard completed.
Participants still do not see the situation improving for the foreseeable future, and will likely continue to source the majority of material from Japan.