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05 Jan
10:16

Taiwanese scrap prices rise after holiday

Taiwanese scrap prices fell before the New Year holiday and then returned to increasing this week. Kallanish assessed HMS 1&2 80:20 container scrap on Thursday at $445/tonne cfr Taiwan, unchanged week-on-week. Scrap prices fell to recent lows before the holidays, but as market participants returned to trading, prices were driven up again. HMS 1&2 80:20 container scrap from the US West Coast was offered at $440/t cfr Taiwan last week, b…
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