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12 Oct
15:47

Taiwanese scrap prices inch up

Taiwan's scrap market is seeing small gains on the back of restocking demand, but steel sales are also expected to grow, Kallanish notes. Containerised US-origin HMS 1&2 80:20 concluded this week at $355/tonne cfr Taiwan, a local scrap supplier says. This price has also been confirmed by local electric arc furnace mill Feng Hsin Iron & Steel. The mill said on Tuesday that the current market price of Taiwanese scrap is basically stab…
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