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12 Feb
10:17

French scrap market anticipates increase

French scrap prices are seen increasing in the coming weeks. Merchants are beginning to quote higher values, in some cases €10/tonne ($12) increases, in the few spot transactions occurring. A price trend, however, will be clearer at the beginning of next month as large French scrap contracts are agreed at the beginning of each month, market participants tell Kallanish. In February prices fell by €40-50/t month-on-month. This month, shredded E40 grade is…
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