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29 Oct
10:10

Spanish scrap prices recover slightly after correction

Scrap prices in Spain are showing a recovery of around €10/tonne ($11.08) in the last week of November. This rebound is giving some optimism to the market after the fall of around €50/t for E8 grade material seen in the last month, Kallanish notes.  Local scrap prices have risen in line with those in Turkey and the international market. “In Spain, there has been the peculiarity that scrap demand has remained stable for longer than expected b…
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