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31 Oct

Spanish market scrap buying prices fall

Spanish scrap prices have fallen in line with the decrease in raw material demand seen globally in recent weeks, Kallanish learns from market sources. After a relatively stable four-week period, Spanish prices fell by €10/tonne ($10.6/t) on Friday. Local market expectations are that current levels will remain unchanged in early November. The Spanish market had waited longer than expected to implement weaker international prices, and therefore missed two …
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