By Vibin AntonyTaiwanese containerized scrap import prices for HMS #1&2 80:20 declined further by $10 a ton to $265 a ton in the week ended January 09, as per The Steel Index.
Taiwanese mills again leaned towards securing Japanese-origin scrap which was available at a short delivery time, and also acted to mitigate the effects of the strengthening US dollar.
The ongoing strike issues at US west coast ports are also serving to put off buyers from securing US material, with delivery periods largely unpredictable at present.
(This article is compiled by Vibin Antony on behalf of Scrap Register. Send in your suggestions and comments to editor@scrapregister.com)
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