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05 May
13:17

Taiwanese domestic scrap market strengthens further, imports limited

The local scrap market in Taiwan has continued to strengthen this week, but import transactions were limited due to high prices and shipping difficulties. The imported scrap market has meanwhile stabilised. Japanese scrap offers were unchanged at around $465/tonne cfr Taiwan, but the high prices have not attracted buyers. Supply of scrap from the US is also limited, with shipment times exceeding two months. Offers for containeris…
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