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09 May
15:36

Benelux scrap market eyes Turkey, prices under pressure

Pressure on Benelux scrap prices is increasing each day due to the prolonged absence of Turkish mills.   Although market participants were expecting to see a recovery in Turkey’s scrap demand after the Eid holiday, this has yet to materialise. Turkey’s silence is causing Benelux exporters to slow their collection and decrease their dock prices. On Monday, exporters’ dock prices for HMS 1&2 80:20 in Belgium stood mostly at around €4…
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