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02 Aug
15:19

Benelux scrap prices continue to fall

Scrap prices in the Benelux continued to fall last week due to the downward trend in Turkey, the largest export destination. Benelux exporters’ dock prices, which stood at €340-350/tonne a week earlier, were pegged on Monday at €330-340/t ($392-404) delivered. Although some Turkish mills resumed their scrap purchases last week, scrap prices have been unable to recover so far. This is due to the large number of offers in the market. Supply remainin…
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