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27 Nov
14:13

Costs, buyer resistance squeeze Benelux scrap exporters

Benelux scrap exporters are seen being squeezed between high dock prices and Turkish mills’ resistance to higher scrap offers. Benelux exporters’ dock prices were pegged on Monday mostly at around €310-315/tonne ($339-345) delivered, depending on region, up from €305-310/t a week earlier. Merchants, who are facing resistance to their offer prices in Turkey, are collecting almost zero material at €310/t, as domestic suppliers are refusin…
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