22
Mar
14:12
Benelux scrap slides further, uncertainty mounts
Scrap prices in the Benelux have declined further, due mainly to price pressure exporters are facing in the global market.
Turkey, the major export destination, continues to halt scrap purchases and exert pressure on prices. This has caused Benelux suppliers to further decrease dock quotes.
Exporters’ dock prices, which stood at €310-315/tonne for HMS 1&2 80:20 last week, appeared mostly at €300-305/t ($354-360/t) delivered on Monday.
Last we…
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Anonymous
Very good overview of the weekly steel market.
Anonymous