04
Aug
09:41
Spanish scrap prices follow weakening international market trend
Spanish scrap prices are seen moving down, Kallanish learns from local market sources. Suppliers anticipate room for adjustments as a result of international market developments.
"Looking at how the Turkish market is evolving, we see room for a new price adjustment in Spain of between €10-20/tonne,” a trader comments. “Large restocking was not confirmed ahead of the seasonal pause for most of August – mills' planned major maintenanc…
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Anonymous
Very good overview of the weekly steel market.
Anonymous