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09 Sep
14:59

Taiwanese scrap prices remain firm on upcoming demand

Taiwan's scrap market prices have strengthened further along with the increase in Turkish scrap purchase prices. At the same time, higher Japanese scrap offers have also stimulated market confidence. HMS 1&2 80:20 container scrap from the US West Coast is offered at over $280/tonne cfr Taiwan, but local buyers are bidding at $5/t lower. Japan-based Kanto’s scrap price continues to see increases, resulting in Japanese scrap offers to Taiwan staying at…
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