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21 Apr
09:55

Taiwan scrap prices remain firm

Taiwan's scrap prices have continued to rise this week due to strong demand, even though US supply to Taiwan has increased slightly. The price of scrap sold to Turkey has fallen, which has caused some US exporters to shift their attention to West Coast sales. Offers for containerised HMS 1&2 80:20 from the US West Coast recovered steadily from $425/tonne cfr Taiwan last week to around $435/t cfr Taiwan this week. Some mills booked at $430/t …
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