07
Feb
13:58
Benelux scrap prices jump on strong demand
Scrap prices in the Benelux recorded another sharp increase last week amid strong Turkish demand.
With the dollar at 1.1432 per euro, dock prices on Monday were mostly at €390-395/tonne ($446-452) delivered, up from €365-370/t a week ago.
Despite prices approaching €400/t levels, scrap flow is not strong in the EU, as bullish suppliers are targeting higher prices and thus withholding material. On the other hand, increasing Covid-19 cases are causin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous