SE Asian buyers shun higher scrap offers

Dec 07, 2011 | 03:58 AM |

Southeast Asian buyers are staying out of the scrap market after offers into the region rose for a second week. Offers for HMS 1&2 (80:20 mix) in containers from Europe and the USA are at $425-430 per tonne cfr this week, up from $420-430 per tonne cfr last week, sources in the region said. Offers for breakbulk have also gone up....

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