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07 May
11:30

European scrap import/export contract prices to fall

European scrap import/export contracts from France and Germany into Italy and Spain for May are forecast to fall by €10/tonne ($11.2/t) or slightly less. A similar month-on-month fall of between €5-10/t  is seen happening in most European domestic markets, traders and merchants tell Kallanish. Ferrous scrap export contracts are agreed towards the middle of each month. “For the moment nothing has been signed but there are quiet mark…
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