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09 Jan

Spanish scrap follows post-holiday global market adjustment

The Spanish scrap market has begun the year with an upward price movement, although it was observed only for the new arisings E8 quality, Kallanish learns from local sources. Values are expected to increase in the coming days following the rebound seen in international markets, such as Turkey, and the usual seasonal shortage of material. “The latest Turkish bookings will most likely push the Spanish market to adjust domestic prices by €5-10/tonne [$5…
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