30
Mar
09:31
Spain’s scrap market begins post-strike restocking, prices up
Spanish scrap prices have increased again in the last days of March. The latest hike of €25/tonne ($27.77/t) week-on-week is in line with international market movement, but also stems from restocking following the 16-day road transport strike in the country. Scrap prices should remain high in April, sources tell Kallanish.
“Inventory levels have plunged in the wake of the strike,” a market participant notes. “Carriers’ prolonged strike…
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Anonymous
Very good overview of the weekly steel market.
Anonymous