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17 Jul
09:48

Taiwanese container scrap prices remain strong

The Taiwanese market for containerised scrap has strengthened again this week. Some buyers were willing to continue trading after the price increase, but some steel mills maintain negative forecasts for the market and are not willing to trade at current high prices, Kallanish notes. Major Taiwanese EAF mill Feng Hsin Iron & Steel said on Monday it would maintain its scrap procurement prices and rebar sales prices, holding a stable outlook for …
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