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14 Apr
09:14

Price volatility pressures Spanish scrap, rebar markets

Spanish scrap and rebar prices have flattened since the beginning of April. Local sources tell Kallanish that volatility in the international market is putting pressure on domestic offers. However, large mills and traders prefer to patiently evaluate the effects of the latest movements this week instead of implementing daily price corrections. Spanish scrap prices have remained unchanged during the last two weeks. Domestic mills attempted to push suppliers to lowe…
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