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28 Feb
10:29

European scrap contracts to hike in March

European scrap prices will increase in March. With Turkish demand strong, merchants in France, Italy, Germany and Eastern Europe are expected to ask for some €30/tonne ($31.7) increase, although it is still too early to be sure, Kallanish hears. In some Eastern European countries such as Romania, sellers are seen asking for as much as $50/t increases month-on-month, although some sources consider these levels an exaggeration. In Poland, it is still early to q…
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