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18 Aug
Scrap prices in Spain continue to recover this week, with new arisings grade E8 material seen moving up by almost €30-40/tonne ($30.51-40.68/t) in one month. Sources suggest the upward E8 trend should continue towards the end of August, without being clear about the extent of the growth. “The increase could be mainly explained by seasonal factors,” a market participant tells Kallanish. “There are many scrap dealers on holiday, while those of…
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