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17 Jan
10:35

Taiwanese container scrap market slows

The Taiwanese scrap import market has been quiet as most mills refrained from buying this week,  Kallanish understands. A leading Taiwanese mill booked a small tonnage of container HMS 1&2 80:20 scrap from North America on Tuesday at $350/tonne cfr Taiwan. Traders say that most mills stayed on the sidelines this week. Overseas suppliers continued to hold on to their high offer prices. US suppliers were seeking $365-370/t cfr, while offers f…
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