18
Feb
09:11
Spanish scrap prices recover slightly after correction
Scrap prices in Spain are rebounding by around €10/tonne ($12.05). This comes after a fall of around €20/t for E8 grade material was seen at the beginning of the month, Kallanish notes. This increase is in line with the recent rebound seen in Turkey and the international market.
"In Spain, scrap levels remained stable for longer than expected while international market movements were assessed," a local trader says. "There was a rebound in …
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Anonymous
Very good overview of the weekly steel market.
Anonymous