08
Jul
10:42
Spanish scrap market sees increasing demand
Spanish scrap prices have recovered in recent weeks to levels seen in May as a result of increasing domestic demand and some movement in the international market, Kallanish learns from sources. The domestic market is anticipating a price increase of some €10/tonne ($11.2/t).
“Domestic prices rose in line with the latest growth of demand in the Turkish market,” a local merchant comments. “The Turkish scrap market moved upward…
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Anonymous
Very good overview of the weekly steel market.
Anonymous