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31 May
15:49

Benelux scrap prices slide as bullish sentiment dissipates

Scrap prices in the Benelux have softened following the price declines seen in the Turkish scrap market last week. Although domestic mills’ demand remained strong throughout May, the weakening of prices in export destinations caused Benelux prices to slide last week. Dock prices, which stood at €365-370/tonne last week, were mostly at €350-360/t ($426-438.5) delivered on Monday. However, exporters are seen showing weak interest in buying due to the…
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