30
Jul
13:13
Spanish scrap prices slip
Spanish scrap traders confirm to Kallanish that a downward price adjustment was made on Monday. According to sources, the reduction follows the global market weakening and reflects subdued domestic demand ahead of the August holidays and steelmakers’ planned stoppages. Scrap values have returned to levels last seen at the beginning of the second quarter.
“Scrap prices fell by €10/tonne [$10.8] after being stable for approximately two months. New d…
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Anonymous
Very good overview of the weekly steel market.
Anonymous