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13 Sep
15:25

Benelux scrap fails to hold amid Turkey pressure

Benelux scrap dock prices, which are following a downward trend since the beginning of July, have reached the €300/t ($354) threshold. Although some exporters are seen keeping their prices at €310-312/t in order to secure the flow of material, others are seen to have decreased their dock prices to €300-305/t delivered following the further price falls in Turkey. A Benelux exporter tells Kallanish: “There is an oversupply of cut grades and thi…
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