28
Sep
08:57
Spanish market lowers scrap buying prices
Spanish scrap prices have fallen in line with the decrease in raw materials demand seen globally in recent weeks, Kallanish learns from market sources. Local market expectations are for new E8 quality prices to remain unchanged in the first week of October.
After a relatively stable three-week period, Spain’s major steelmakers corrected their scrap purchasing prices by €10/t ($10.5/t) on Wednesday, forced by the latest Turkish scrap bookings.
“Th…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous