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10 Jan
15:07

Benelux scrap market gains on Turkey’s improved activity

Scrap prices in the Benelux changed direction last week following the resumption in Turkish mills’ scrap purchases. After decreasing to €340-345/tonne ($407-413) in Belgium at the beginning of last week, dock prices then increased to €345-350/t following Turkey’s scrap buying restart. On Monday, after market players’ return from the holidays, both demand and prices increased further. With the dollar at 1.129 per euro, dock prices on Mo…
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