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26 Aug
13:07

Taiwan scrap prices stabilise on limited supply

Taiwan's scrap market has remained strong this week, especially as Japanese scrap offers continued to firm, Kallanish notes. HMS 1&2 80:20 container scrap from the US West Coast was offered at $268-270/tonne cfr Taiwan, unchanged from last week. But the offers are of little significance to the market, because US suppliers are not making much material available to Taiwanese buyers. Demand and prices in the Turkish market are relatively…
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