11
Mar
14:33
Stronger euro challenges Benelux scrap suppliers
Benelux scrap suppliers are seen resisting Turkish mills’ lower price targets, citing a strengthening euro, according to market participants.
On Monday, Benelux dock prices were pegged mostly at around €290-300/tonne ($316.6-327.6) delivered, versus €300-305/t a week earlier.
The euro has strengthened against the dollar and Turkey’s buying targets show no improvement. As a result, decreasing dock prices further has become the only option fo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous