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28 Apr

Spanish scrap falls, rebar strong despite weak demand

Scrap prices in Spain have begun to fall after reaching record levels in the last three weeks. The correction in the international market has pushed domestic levels down and the “back to normal” is set to continue in May, sources tell Kallanish. Meanwhile, rebar prices remain high amid uncertainty in the domestic construction sector. “International levels are expected to continue declining in May,” a local source explains. “Lowe…
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