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10 Feb
07:47

Taiwanese scrap turns up on positive outlook

Taiwan's scrap market has rebounded again after a short period of decline, with positive expectations of post-Spring Festival activity also leading to firmer prices, Kallanish notes. Due to the approaching holidays, available offers in the Taiwan market have been sparse, especially those from the United States. In the second half of last week, HMS 1&2 80:20 container scrap from the US West Coast was booked for 5,000 tonnes at $350/tonne cfr Taiwa…
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