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08 Mar
09:26

European scrap contracts are seen stable in March

European scrap import/export contracts from France and Germany into Italy and Spain for March are seen mostly stable month-on-month with a slight fluctuation of €5/tonne ($5.6/t), traders and merchants tell Kallanish. Ferrous scrap export contracts are agreed towards the middle of each month. However, demand for scrap in Europe is considered very low with low sales tonnages due to poor sentiment. “The market seems dead,” one Frenc…
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