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21 Nov
08:13

Taiwanese scrap dips under $300/tonne cfr

Taiwanese container scrap import prices have fallen under $300/tonne cfr, Kallanish notes. Prices have been eroding since the middle of October. Mills in Taiwan are currently bidding container HMS 1&2 80:20 from the US at $295/t cfr, trading sources in Taipei report. Deals for very small quantities took place at $295-298/t cfr, a trader informs. Another trading source says he has not sold at this level because his US suppli…
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