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06 Feb
13:23

Taiwanese scrap prices decrease on lower US offers

With the growing availability of lower-priced scrap offers from the USA this week, Taiwanese container scrap market prices have begun to drop, Kallanish notes. HMS 1&2 80:20 scrap from the US West Coast is now offered at around $245/tone cfr Taiwan, another $10/t down compared with offers before the Lunar New Year, a Taiwanese trader says. Sellers have to cut prices in order to attract buyers' attention, as US domestic demand is recover…
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