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22 Dec
10:12

European scrap prices seen increasing

European scrap prices are seen increasing somewhat in January, but forecasts differ according to country. German and French sellers believe values may uptick by some €10-15/tonne ($10.6-15.9) due to the short supply of the most demanded grades such as shredded E40 and E1. Eastern European sellers however are convinced that values will significantly increase in January by €50-60/t and have gone to the extent of retaining material this month to sell at a hi…
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