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11 Aug
10:58

French scrap prices find stability

French and Luxembourg domestic scrap prices are stable month-on-month, following July's €50/tonne ($51) decline.  This month, the downturn in finished long and flat products is causing French producers to implement longer maintenance stoppages. Demand for scrap however remains at average levels, Kallanish notes. Domestic shredded E40 grade is being sold at €340-360/t delivered on average. The mixed E8 grade is also at €360/t, while E1C is …
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