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20 Oct
13:34

Taiwan scrap prices inch up

The Taiwanese scrap market has continued to move upwards this week, with higher container freight rates pushing up market transaction prices. Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $478/tonne cfr Taiwan, up by $8-13/t week-on-week. Due to strong scrap prices in Japan and Turkey, Taiwan's scrap import prices have been forced higher simultaneously. Offers from the US are relatively quiet due to the shortage of contai…
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