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29 Jan
09:42

French scrap prices seen decreasing

French scrap prices are seen falling in new February contracts that will be agreed this week, as a consequence of falling international scrap values. A similar decline is expected in other European markets such as Germany, Spain and Italy, market participants tell Kallanish. French scrap values skyrocketed in January by €100/tonne ($121) compared to the low points of December, aligning with Italian scrap that is usually over €20/t more expensive. Februar…
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