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09 Oct
10:30

Taiwanese container scrap market maintains stability

The Taiwanese market for containerised scrap this week is unchanged compared to last week, Kallanish notes. Local scrap traders report improved market sentiment ahead of the holiday starting 10 October. Major Taiwanese EAF mill Feng Hsin Iron & Steel announced unchanged scrap procurement prices and rebar prices on Monday. Its purchase price for HMS 1 is now TWD 7,600/tonne ($247/t) and its ex-works list price for #5 (5/8 inches or 15…
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