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13 Jan

Spanish scrap, rebar prices tick up

Spanish scrap and rebar markets have seen prices recover, with large mills increasing raw material purchasing prices for all grades while raising their long steel offers, market sources tell Kallanish. “Large mills returned from holidays by increasing their scrap purchasing prices by almost €20/tonne,” one trader says. "Demand is picking up and most suppliers and distribution centres believe collectors’ activity will improve notably in …
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