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04 May
17:24

Spanish scrap prices move down

Spanish domestic scrap prices moved down this week as expected, in line with similar negative corrections registered in other European markets, Kallanish notes. This week, E40 is reported to be transacted at some €520/tonne ($548) delivered, while E8 grade is at €590/t delivered. E3 and E1 have moved firmly below €500/t at €485/t delivered and €465/t delivered respectively. In April, prices in Spain reached an all-time record. Last week s…
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