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11 Oct
Domestic scrap prices continue to rise in Thailand, Kallanish notes. Thai billet is firm, whereas Thai mills are finding it difficult to hike domestic rebar, Thai trading sources say. Leading domestic Thai mill operators are currently buying busheling – similar to plate & structural (PNS) scrap – at THB 14,700-15,500/tonne ($386-407/t) effective 11 October, up THB 300-500/t. Domestic scrap prices have continuously been rising since A…
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Anna Low Singapore
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