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04 Apr

French, Benelux scrap seen flattening

French and Benelux scrap prices are seen flattening this month compared to March because of lower availability. Shredded and chiselled E40 and E1 continue to be in short supply and high demand. Mills’ scrap needs are strong for April, with some steelmakers said to have empty scrap yards and needing increase finished products output, sources tell Kallanish. This month, French and Benelux domestic shredded E40 grade should remain at the level of €415-420/…
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