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03 Jan
15:02

Benelux scrap prices fall amid Turkey pressure

Scrap prices have decreased in the Benelux amid a stronger euro against the dollar and price pressure in export destinations. Turkey’s scrap demand remained in a lull in the last week of 2021. Turkish mills, which have been forced to increase rebar quotes amid higher scrap offer prices, halted scrap purchases last week. Before accepting higher prices for scrap, they initially want to gauge rebar buyers’ reaction to higher prices. Rebar export sales, h…
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