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30 Sep
15:57

Benelux scrap export prices fall below €200

Although scrap prices have been on a prolonged downtrend, European scrap suppliers were adamant last week that prices have already bottomed and had no room to decrease further. However, decrease they did in new deals, falling below $220/tonne cfr Turkey for HMS I/II 80:20 in the latest transaction concluded at the weekend. A European scrap yard contact tells Kallanish: “Last week, following the further decrease in export prices, some yards lowered the…
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