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02 Sep
10:39

Taiwan scrap prices jump on fresh deals

Taiwanese scrap market prices have continued to rise this week, driven by Turkish scrap prices. Local buyers have had to pay higher even though rebar prices remain stable this week, Kallanish notes. Although Japanese scrap prices fell somewhat late last week, prices still exceeded the expectations of Taiwanese local steel mills. A transaction of 6,000 tonnes of scrap took place at $285/tonne cfr Taiwan. This week, Japanese H2 50:50 is offered a…
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