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26 Feb
11:51

Taiwanese scrap prices rise on increasing global trend

Taiwanese container scrap prices have picked up this week. At the same time, scrap purchase prices in Turkey and Europe have increased steadily in recent deals, making U.S. sellers optimistic about scrap export prices, Kallanish notes. A Taiwanese trader says that offers for HMS 1&2 80:20 container scrap from the US West Coast earlier this week rose to $245/tonne cfr Taiwan, compared with $230/t cfr last week. However, Taiwanese buyers refused to acc…
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