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22 Jul
09:56

Spanish scrap market rebounds, rebar suffers weak demand

Scrap prices in Spain remained stable last week. Only new arisings grade E8 material moved up, but just slightly. Sources suggest the upward E8 trend should continue towards the end of July, without being clear about the extent of the growth. Meanwhile, rebar prices remain unchanged ahead of the summer construction sector break. E8 scrap prices in Spain started rising last Monday, although a correction in the international market has pushed European levels down, a…
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