04
Mar
14:43
Benelux scrap plummets amid collapsing exports
The Benelux scrap market has had a bearish start to the week following the price collapse in Turkey at the end of last week.
On Monday, Benelux dock prices, accelerating their downtick, were pegged mostly at around €300-305/tonne ($325.5-331) delivered, versus €330/t a week earlier.
Although most European suppliers refused to sell at below $390/t cfr Turkey at the end of last week, two US-origin deals, first at $390.5/t and then at $385/t cfr for HMS 1…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous