22
Oct
08:20
Spanish market raises scrap prices again
Spanish scrap prices have risen in line with the sharp increase in raw material demand seen globally in recent weeks, Kallanish learns from market sources. Local market expectations are for new E8 quality to surpass the €500/tonne ($581.8/t) threshold.
After a relatively shallow increase early in week compared to the higher jump in the international market, Spanish prices rose again by €10-15/t on Friday.
"The latest Turkish bookings forced the Spa…
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Anonymous
Very good overview of the weekly steel market.
Anonymous