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05 Jan
10:16

Spanish scrap prices correct upwards, further hike foreseen

The Spanish scrap market has begun January with an upward adjustment. Prices jumped by almost €25/tonne ($30.6/t) for all categories, Kallanish learns from market sources. Local sellers estimate prices could rise further in the coming days, in line with international demand. “The Spanish scrap price adjustment is in line with that seen in other European countries at the end of 2020,” a local merchant says. “New price hikes are anticipated …
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