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21 Jan
08:38

French scrap prices seen falling in February

French scrap prices are seen decreasing in February contracts by €20-30/tonne ($24-36) compared to January, market participants tell Kallanish. While shredded scrap E40 was transacted at up to €370/t delivered at the beginning of this month, up €100/t month-on-month, February prices are seen reaching €350-360/t delivered, depending on grade and tonnage. This comes as price adjustment is already happening in other markets such as Turkey and Ital…
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