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12 Jun
08:10

Taiwanese container scrap price falls further

The Taiwanese market for containerised scrap has continued to fall amid negative market sentiment from buyers, Kallanish notes. Taiwanese traders say local mills booked HMS 1&2 80:20 from the US West coast on Monday this week at $280-283/tonne cfr. This is lower than transactions of $285-287/t cfr last week. On Wednesday, local mills further lowered their bids to $278-280/t cfr but trading sources in Taiwan did not hear of de…
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