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25 Jul
15:35

Benelux scrap falls further on weakened sentiment

Benelux scrap prices continue to fall since last week amid the bearish sentiment and weak demand prevailing in the Turkish market. Dock prices in the Benelux were seen standing mostly at around €300/tonne ($307/t) on Monday, down from €320-325/t delivered a week ago. Turkish mills, facing strong scrap supply after returning from the Eid holiday, have halted scrap purchases. With this increasing pressure on prices, Benelux exporters are seen to be cautio…
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