10
May
16:02
Benelux scrap to see further increases
Scrap prices in the Benelux have increased sharply since last week due to strong domestic demand, increasing domestic prices and sharp price rises seen in Turkey.
Although domestic mills’ negotiations with suppliers continue, European mills have faced higher-than-expected price increases in the May buy cycle.
Following the removal of export tax rebate on certain products in China, steel and scrap prices have seen sharp rises in Turkey. This trend has contin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous