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22 Sep
13:17

Taiwan scrap prices increase after holiday

Taiwanese scrap prices continue to rise in anticipation of improving demand, even if shipping issues are restricting transactions, Kallanish notes. On Wednesday, the first trading day after the Mid-Autumn Festival holiday, market movements were quiet but market sentiment was positive. Taiwan's steel mills have raised scrap and rebar prices, showing positive expectations for post-holiday steel demand. Major Taiwanese electric arc furnace mill Feng H…
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