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21 Feb
10:17

Taiwanese scrap market lifts

Container scrap prices continue to rise in Taiwan for the second consecutive week, Kallanish notes. Taiwanese mills are bidding higher for scrap because they need to replenish stockpiles. Domestic scrap prices rose in Kaohsiung on Wednesday, the first day back after the Lunar New Year holiday, Taiwanese trading sources say. A leading Kaohsiung mill raised its purchase prices by TWD 200/tonne ($7/t) for all grades scrap, traders say. Last week, the same leading m…
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