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21 Jun
12:46

Spain’s scrap, rebar prices remain stable

Spanish scrap and rebar prices have remained stable since the beginning of June, although local market participants already anticipate a downward adjustment in line with the global trend. An estimated drop of around €10/tonne ($10.69) should materialise in the next few days with the return of Turkish activity after Eid, Kallanish learns from local market sources. “We are evaluating how Turks will return to the market and the sentiment is mixed,” a…
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