Scrap prices in the Benelux fell sharply from last week due to poor sentiment and falling prices in the major export destinations.
On Monday, exporters’ dock prices stood mostly at €285-295/tonne ($318-322.5/t) delivered. These are down from €320-35/t on Monday last week. Consequently, dock prices have fallen by €50/t in the Benelux in a two-week period.
While prices are continuing to fall in major export destinations, Benelux exporters are …
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