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18 Oct

Spain’s scrap, rebar prices rebound

Scrap prices have begun to recover in Spain after losing more than €50/tonne ($48.76/t) in the last two weeks. The rebound seen in the international market has pushed domestic levels up and the increase is set to continue, sources tell Kallanish. Meanwhile, rebar prices also went up amid uncertainty in the domestic construction sector. “Last Friday, Megasa raised its purchase prices by almost €15/t for all categories. It was understood t…
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