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01 Aug
10:06

Taiwanese container scrap eases on weak buying interest

Taiwan’s market for US container scrap imports has continued to drift on weak demand, Kallanish notes. The summer lull has slowed down domestic demand for construction rebar and scrap. The market is flat because trading activity is very limited, a trader in Taichung says. Steel consumption dips during the summer season, he adds. Sales of debar are not strong and the market is uncertain so the mills would rather delay buying into thei…
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