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15 Jan
11:09

Taiwanese scrap prices fall

The Taiwanese containerised scrap market has maintained its decline this week as domestic demand for scrap has slumped, Kallanish learns. Offers for HMS 1&2 80:20 container scrap from the United States have fallen significantly, from about $270/tonne cfr Taiwan last week to about $265/t cfr this week. A Taiwanese trader who supplies US scrap says that Taiwan buyers now have very limited buying interest as their demand is gradually decl…
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