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04 Jul
11:40

European scrap import/export contracts may weaken

European scrap import/export contracts from France and Germany into Italy and Spain for July are seen decreasing slightly compared to last month. This happens after prices had already moved to lower levels last month, traders and merchants tell Kallanish. Negotiations however are ongoing as contracts are signed towards the 15th of each month and the situation still has time to change given the fluctuations in international scrap values…
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