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08 Feb
12:10

Spanish steelmakers lift scrap buying prices

The Spanish scrap market saw prices rise in the first week of February, supported by the international uptrend. Meanwhile, supply of material continues to be constrained, Kallanish learns from local sources. "Availability of material remains limited. The shortage of scrap is more pronounced in Andalucia and some of the large cities in the Mediterranean area,” comments a market participant. Larger merchants have practically emptied their stocks, while mo…
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