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09 Feb
09:58

Firm global market boosts Taiwanese scrap prices

Firm global scrap prices and improving local steel demand led to further increases in Taiwanese scrap prices after the Chinese New Year. Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $465/tonne cfr Taiwan, up by $15/t week-on-week. Trading in Taiwan's scrap market was quiet during the New Year holiday, but traders were active in the market immediately thereafter. HMS 1&2 80:20 container scrap from the US West Coast was offered …
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