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06 Mar

Benelux scrap continues rise despite weakened Turkish demand

Scrap prices in the Benelux are seen continuing to rise despite the slowdown in Turkish mills’ scrap purchases last week, Kallanish notes. Benelux exporters’ dock prices were mostly at €365-380/tonne ($388-404) delivered on Monday, up €5/t from a week earlier. Although some exporters are trying to maintain their dock prices at €365/t amid Turkey’s slower demand, the ones that need to source material are seen being forced to pay hi…
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