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27 Jul
13:35
The Taiwanese scrap market has continued to deteriorate after a flat month. Negative expectations for local steel demand and falling global scrap values have sent Taiwanese scrap prices back to their lowest levels since December 2020. Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $335/tonne cfr Taiwan, down $15/t on-week. US scrap suppliers believe scrap trade will remain sluggish in August. Offers for HMS 1&2 80:20 container …
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