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09 Jun
11:23

French scrap prices increase but further growth unlikely

French scrap prices are increasing this month by €30-40/tonne ($36-48) compared to last month, depending on grade. This is however seen as the last increase, given the softening of some international prices, sources tell Kallanish. The high grades of new arisings E8 and shredded E40 are in strong demand, but a serious shortage, particularly for E8, is reported in all northern European countries. French prices for these qualities are approaching €450/t de…
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