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20 Feb

Benelux scrap recovers amid strong Turkish demand

After falling during the pause in Turkish mill purchases following the earthquake, scrap prices in the Benelux recovered in the second half of last week amid Turkish mills’ rebounding demand, Kallanish notes. Benelux exporters’ dock prices were mostly at €335-345/tonne ($338-343) delivered on Monday, up from €315-325/t a week ago. Turkish mills increased demand for scrap sharply towards the end of last week, following the Turkish government&…
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