25
Nov
11:44
Benelux scrap remains strong despite some yards’ adjustments
Benelux scrap prices have becalmed following sharp increases in previous weeks.
While some European yards – specifically those that do not short-sell – have stopped collecting scrap as a result of higher prices, other yards are seen to have adjusted their collection prices downwards. However, scrap yards that have already sold big quantities to export markets are continuing to pay in excess of €200/tonne to collect material. As a result, Be…
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Anonymous
Very good overview of the weekly steel market.
Anonymous