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26 Apr
15:21

Sentiment turns bullish in Benelux scrap market

Scrap prices in the Benelux, which have decreased due to the fall seen in prices in Turkey, are showing signs of recovery. This is mostly due to the revival seen in scrap prices in Turkey last week, the sharp increase seen in iron ore prices on Monday, and suppliers’ higher price expectations from European mills in May trading. Although Benelux scrap market has made a quiet start to the week, suppliers are seen bullish about the market and targeting higher …
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