08
Apr
11:57
Taiwanese scrap market looks to rebound
Taiwan's scrap market has been weak but traders were hoping prices could climb from Tuesday, affected by the recovery in Turkish scrap prices, Kallanish notes.
Continuing last week's decline, the prices of HMS 1&2 80:20 container scrap from the US West Coast fell to levels below $205/tonne cfr Taiwan on Monday, but US suppliers then began to increase their offers. A trader tells Kallanish that a US seller rejecte…
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Anonymous
Very good overview of the weekly steel market.
Anonymous