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09 Jan

Benelux scrap exporters remain cautious, eye Turkey

Scrap prices in the Benelux rose further throughout last week amid strong export markets, with dock prices reaching €350/tonne ($376) delivered. However, exporters have had a cautious start to this week due to the demand slowdown in major export markets such as Turkey and India at the end of last week. These markets’ appetite for procuring scrap remained low on Monday as buyers initially wanted to gauge the overall situation in export markets. The late…
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