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14 Oct
09:50

Uptrend catches Spanish scrap prices, further rises foreseen

Spanish scrap prices have shot up this week. Current levels could be short-lasting if the market follows the recent upward movements seen in the international market, Kallanish learns from sources. Domestic prices rose by almost €20/tonne ($23.2) for all qualities, which almost offsets the fall implemented in the market at the beginning of the month. “We have strong collecting activity in Spain. Most suppliers estimate that prices could …
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