The Taiwanese scrap market has seen a rise in offers this week, but buyers have not yet fully embraced the price hike.
Kallanish assessed HMS 1&2 80:20 container scrap on Wednesday at $440/tonne cfr Taiwan, unchanged week-on-week.
Offers from US sellers have risen by $5/t this week, spurred by a rebound in the Asian scrap market. HMS 1&2 80:20 container scrap from the US West Coast was offered at $450/t cfr Taiwan, but some traders off…
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