Stainless Steel Pipe Fittings

Taiwan HMS 1/2 80:20 containerized scrap import prices drop to $275 a ton

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Taiwanese containerized scrap import prices for HMS #1&2 80:20 dropped by $5 a ton to $275 a ton in the week ended January 02, as per The Steel Index.

Taiwanese prices for ISRI grade scrap continued their descent last week as a result of mills standing their ground and refusing to budge on their bids.

Suppliers wanting to sell have had to move to lower prices as the balance of power has shifted towards importers, given abundant competitive alternatives and no great drivers to buy, due to weak steel demand.

Zhejiang Yaang Pipe Industry Co., Limited

Article Categories:
Metals · Scrap & Secondary

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