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01 Feb
11:42

European scrap import/export contracts to see slight rise

Scrap import contract prices from France and Germany into Italy and Spain are seen stable month-on-month in new February contracts with a slight upward fluctuation of €5/tonne ($5.7/t), market sources tell Kallanish. Import scrap contracts are usually signed toward the middle of each month and material is delivered up to the middle of the following month. Before Turkish scrap prices increased in the latest transactions, market sources were expecting a …
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