25
Mar
09:25
Lack of demand hits Spanish scrap market
Spanish scrap prices have sunk by more than €30/tonne ($32.4/t) week-on-week. The domestic market is seeing unprecedent conditions due to the coronavirus outbreak with a lack of demand and near-halted sales activity of raw materials, sources tell Kallanish.
“Large mills are reducing their production, while some have even already halted their operations. This situation, especially after most of automakers in Spain implemented temporary shutdowns, has hi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous