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18 Jul

Spanish scrap market sees new price correction

The Spanish scrap market has begun the third week of July with the announcement of a new domestic price adjustment, Kallanish learns from market sources. It has been confirmed by sources that prices have moved down €10/tonne ($11.25) for all grades in the domestic market after falling by the same amount last week. One mill is reported to be pre-empting others with a further €20/t decrease on Wednesday, taking the cumulative fall this week so far to …
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