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16 Jan

Benelux scrap falls despite increasing domestic prices

Scrap prices in the Benelux have softened due to weak buying interest in major export destinations. Exporters’ dock prices, which were at around €340-350/tonne a week ago, were mostly at $330-335/t ($357-362) delivered on Monday. Although inflow remains slow at these levels, exporters, who are still cautious about export markets, are refusing to increase their prices unless they need to fill a vessel. A Benelux exporter tells Kallanish: “We are …
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