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-US HMS scrap prices climb - 22 Nov 10

Currently, the import scrap prices have been increasing as the demand has exceeded the supply.
It’s known that the US has quoted to Taiwan on vessel HMS scrap 1&2 (80:20) at US$425/ton; however, the high prices are not unfavorable to Taiwan’s steel mills.
At the same time, some said that the current quotes of the US container HMS scrap 1&2 (80:20) at US$425/ton is at US$410ton while this news hasn’t confirmed yet.

source: www.yieh.com
Nov 22, 2010 10:09
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