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06 Sep
12:11

European scrap players expect increases but weaker sales

European scrap prices are set to increase by €15-20/tonne ($14.9-19.9) on average, depending on each country, but there is no clear direction and prices vary according to mill and merchant. This week, negotiations are starting in France, Luxembourg, Germany and Eastern Europe. The market however remains quiet, seeing expectations of increases but also low sales volumes due to production halts implemented by several European mills on unsustainable energy pric…
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