23
Mar
11:57
Benelux scrap market collapses
Benelux scrap prices decreased sharply again last week on the back of tighter measures in EU countries to prevent the coronavirus spread, such as movement restrictions and the closure of businesses.
Dock prices for HMS 1&2 80:20, which stood at €185-190/tonne ($199-205) delivered only a week ago, currently stand mostly at €150-160/t ($162-173) delivered.
While scrap collection activity has almost stopped due to movement restrictions, yards’ sc…
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Anonymous
Very good overview of the weekly steel market.
Anonymous