02
Mar
10:27
Spanish scrap prices return to multi-year highs
Spanish scrap prices have recovered in recent weeks to record levels last seen in January 2012.
The skyrocketing prices are the result of increasing domestic demand and lower availability of material, while sharp hikes in the international market have pushed local traders to bet on exports, Kallanish learns from sources. The domestic market has seen scrap prices rise this week by €20/tonne ($24/t) on-week.
“Domestic prices have risen 'anarchically…
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Anonymous
Very good overview of the weekly steel market.
Anonymous