20
Apr
15:06
Benelux scrap prices seen peaking as supply builds
Scrap prices in the Benelux have stabilised following a period of sharp increases.
Exporters’ dock prices for HMS 1&2 80:20 increased from €180/tonne to €195-200/t ($175-183/t) delivered and above throughout last week. However, scrap suppliers’ resistance to selling at below €205/t delivered has disappeared following the stabilisation in Turkish imported scrap prices.
Some suppliers who were holding their material to sell at above &…
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Anonymous
Very good overview of the weekly steel market.
Anonymous