French and Benelux scrap prices are ticking up this month by €5/tonne ($5.3). Some mills are however paying €10/t hikes because of more urgent needs. Sellers say demand is at a good level and strong in export markets, Kallanish notes.
Suppliers continue to report shortages of E40 and strong demand from all mills. At present, E40 is at €345-355/t delivered, while E8 fetches €345-350/t delivered on average. Demolition E3 is at €340-350/t, wh…
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