W. Coast container scrap export tags up, supply off

摘要

An apparent tightness in ferrous scrap supply in Japan, South Korea and Taiwan and on the U.S. West Coast has triggered a rebound in containerized scrap export prices. Sale prices to Taiwan are almost back to early September levels of $355 per tonne c.f.r. for an 80/20 mix of No. 1 and No. 2 heavy melt, market participants said, after falling to around $340 per tonne last month.