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17 Apr
15:03

Benelux scrap prices decline amid bearish outlook

Scrap prices in the Benelux have declined since last week due to the continuing downtrend in Turkey. Last Friday, exporters’ dock prices stood mostly at €350-355/tonne ($382.5-388) delivered, down from €360-370/t a week earlier. However, due to the bearish sentiment in the global market and further softening of Chinese prices, some exporters halted purchases on Monday, while a few decreased their prices even to €335/t. One exporter is even hea…
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