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15 Feb
11:37

French scrap prices flatten after Turkish earthquake

French and domestic scrap prices are more or less stable compared to January, with some €5/tonne ($5.3) increase. However, before the Turkish earthquake, mills in Luxembourg and Belgium agreed to hikes of €20-25/t month-on-month, in line with the European market trend before the event. Shredded and chiselled E40 and E1 remain in short supply, while E8 new arisings is abundant. Demand is patchy this month – rather strong in Luxembourg but more moder…
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