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28 Nov

Benelux scrap downtrend reverses amid strong Turkish market

Benelux scrap prices, which ended the downward trend last week, are increasing amid rising prices in Turkey and a supply shortage. Most exporters’ dock prices were pegged at €290-305/tonne ($303-319) delivered on Monday depending on the region, up from €270-290 a week earlier. However, €310/t was also available from a few exporters that were purchasing more aggressively, although most believe confidence in the market is insufficient to support…
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