05
Sep
16:07
Benelux scrap falls amid bearish sentiment
Scrap prices in the Benelux are seen softening due to the bearish sentiment in the European steel market and major export markets.
On Monday, exporters’ dock prices stood mostly at €320-325/tonne ($318-322.5/t) delivered. These are down from €335-345/t on Monday last week.
Although European suppliers were aiming to sell HMS 1&2 80:20 at above $390/t cfr, this does not seem likely anymore in the Turkish market. Following the sharp rise in Turki…
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Anonymous
Very good overview of the weekly steel market.
Anonymous