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27 Oct
13:11

Taiwanese scrap prices reach new high

Taiwanese scrap prices reached a record high in Kallanish this week, and the positive recovery of global scrap demand has stimulated the market prices. Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $485/tonne cfr Taiwan, up by $7/t week-on-week. The increase in global scrap prices has led to a rapid increase in Taiwan's import prices in the past two weeks. Several transactions of tens of thousands of tonnes HMS …
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