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06 Dec

Taiwanese scrap rises on stronger currency

The Taiwanese scrap market has seen an increase in import offers this week, but a stronger local currency has made buyers more willing to accept higher prices. Kallanish assessed HMS 1&2 80:20 container scrap at $375/tonne cfr Taiwan, seeing an increase of $5/t from last week. Containerised US-origin HMS 1&2 80:20 scrap is being offered at $380-385/t cfr Taiwan this week, up $5/t compared with last week. Meanwhile, Japanese scrap is offered at $385/t…
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