Taiwan buys lift W. Coast container scrap tags

Sep 18, 2012 | 03:47 PM | Sean Davidson

Tags  ferrous scrap, heavy melting scrap, containerized scrap, West Coast scrap exports, scrap export prices, Sean Davidson

NEW YORK — West Coast export prices for containerized ferrous scrap appear to have made a modest recovery as buyers in Taiwan lifted tags to secure volume.

Prices for an 80/20 mix of No. 1 and No. 2 heavy melting scrap have clawed their way back to a range of $340 to $350 per tonne c.f.r. Taiwan, market participants said. Just one week ago, prices hit a low of $330 to $335 per tonne c.f.r. (amm.com, Sept. 11).....

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