31
Jan
15:30
Benelux scrap rises on improved sentiment
After initially dropping, Benelux scrap prices increased in the second half of last week due to the upturn in global sentiment, with hikes seen across finished steel products prices.
With the dollar at 1.1171 per euro, dock prices on Monday were mostly at €365-370/tonne ($408-413) delivered in Belgium. In Holland, however, they are at above €370/t.
An exporter in the Netherlands says he failed to source HMS 1&2 80:20 at €372.5/t on Monday.
Onl…
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Anonymous
Very good overview of the weekly steel market.
Anonymous