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20 Mar

Spanish scrap prices seen falling

Spanish scrap prices are seeing a downward correction, Kallanish learns from local market sources. After being stable for more than a month, prices have fallen this week by €10/tonne ($10.85/t). “The international situation was putting pressure on the domestic market for a long time before the [mill buying price] adjustment was implemented,” a local merchant says. “It was difficult to predict the market, with sharp ups and downs in…
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