26
Nov
10:30
Spanish steelmakers reduce scrap buying prices
The Spanish scrap market sees prices lowering in the coming days, supported by the international downtrend. Meanwhile, supply of material has begun to tighten, Kallanish learns from local sources.
The rebar market, however, anticipates a sharp increase in levels as a result of soaring Spanish electricity prices (see separate story).
"The current situation seems unpredictable and the short-term outlook is diverse across the entire steel consumption chain…
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Anonymous
Very good overview of the weekly steel market.
Anonymous