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30 Sep
11:20

French, Luxembourg scrap prices seen flattening

French and Luxembourg domestic scrap prices are forecast to remain mostly stable in October in a month-on-month comparison but with uncertain sales volumes. High energy costs and the downturn in finished products are causing steelmakers to plan or foresee continued periods of plant mothballing, to save on energy bills and balance supply with demand. Apart from some steelmakers who have announced fourth-quarter stoppages, mills do not have a clear production plan f…
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