11
May
07:29
Spanish scrap prices seen rising sharply
The Spanish scrap market began the second week of May with a sharp increase, Kallanish learns from local sources. Domestic levels have followed the movement seen in the Turkish market, but supply of the feedstock continues to be limited.
“Prices have risen by almost €30/tonne ($36.4/t) on-week after the recovery of production in the Spanish industrial sector and subsequent increase of local raw materials demand,” a Spanish merchant says. The price…
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Anonymous
Very good overview of the weekly steel market.
Anonymous