01
Dec
10:56
Spanish scrap prices rise, market reactions differ
Scrap prices in Spain have risen in line with corrections seen in the international market in the last two weeks, Kallanish learns from market sources.
Spanish scrap demand was relatively stable in November and prices have moved up by €10/tonne ($11.9/t) from 1 December. The upward trend, however, has brought different reactions from market players.
“Some market participants prefer to increase their stocks on the expectation that the scrap price will f…
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Anonymous
Very good overview of the weekly steel market.
Anonymous