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06 Apr
14:06

Taiwanese scrap prices, sentiment hold

The Taiwanese scrap market has been quiet this week, with local buying stabilising due to the holidays. US scrap offers have not fallen significantly, while US scrap import transactions have eased. The arrival of Ramadan in Turkey, in particular, could lead to a slowdown in demand, and US suppliers already cut selling prices there last week to attract deals. HMS 1&2 80:20 container scrap was offered at $575-580/tonne cfr Taiwan this we…
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