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07 Mar
12:25

French, Benelux scrap prices to increase

French and Benelux scrap prices are seen increasing compared to February by some €20-25/tonne ($21-26) on the back of lower availability and increasing Turkish import prices. Shredded and chiselled E40 and E1 continue to be in short supply and high demand, unlike E8 new arisings which is widely offered. Demand this month depends on the performance of finished products. While the downturn continues for long products, causing some longs mills to buy less scrap,…
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