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27 Apr
13:47

Benelux suppliers await Turkish scrap price collapse impact

After peaking at €195-200/tonne ($211-217) the previous week, scrap dock prices in the Benelux softened last week. Exporters’ dock prices have decreased to €185-190/t ($200-210) delivered. However, some exporters that need to source material to fulfil their previous export sale cargoes are paying at €195/t and slightly above. The downturn in prices is mostly the result of weak scrap demand in Turkey, the largest export destination. Meanwhile,…
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