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01 Oct
11:46

Spanish scrap market loses €50 in one month

The Spanish scrap market has registered a significant price correction in the last week, Kallanish notes. Local scrap prices have fallen in line with those in Turkey and the international market. “Spanish scrap prices have fallen by around €50/tonne ($54.4/t) for the higher E8 grade over the last month,” a local merchant says. “Current domestic levels could drop further by €5-10/t, if the demand for scrap and raw materi…
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