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07 Jun
15:47

Strong domestic demand hampers Benelux scrap exporters

The Benelux domestic scrap market has decoupled from export markets. While demand remains strong, with higher-than-expected buying prices from European mills, demand in major export destinations is stagnant. As a result, most Benelux exporters are following a wait-and-see stance before committing to new material. As a result of sharp domestic market increases, European scrap exporters have been forced to increase their dock prices from €350-360/tonne last wee…
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