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27 Dec
14:44

Benelux scrap prices seek direction

Benelux scrap exporters have decreased their prices based on the bookings concluded in Turkey last week. However, Turkish mills have failed to buy European-origin HMS 1&2 80:20 scrap at $450/tonne cfr Turkey, their target level.     Mills bought numerous scrap cargoes last week following a long-standing waiting period. Bookings were concluded, mostly from the US and the EU. Although initial bookings from the EU appeared at $453.75-455.50/t cfr …
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