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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