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23 Aug
14:23

Benelux scrap market foresees further price declines

With scrap prices continuing to decline in the EU, market participants find a near-term recovery in values unlikely. A Benelux scrap supplier tells Kallanish: “Our mills here will definitely need to buy following the holidays. But this will not help a recovery, I guess. Domestic mills will definitely put forward the declines seen in Turkish scrap prices in August.” Dock prices, which stood at €320-330/tonne a week earlier, were pegged on Monday a…
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