US container scrap dropsto $145/mt CFR Taiwan

摘要

The latest round of UScontainerized ferrous scrap bookings toTaiwan have fallen to $145/mt CFR forheavy melting scrap 80:20, down $10/mton the week. Market fundamentals furtherweakened on continued depressed steelmill demand and talk of Chinese billetbeing sold into Taiwan at $255/mt CFR.