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05 Apr

Spanish scrap prices finally lift, could fall back

Spanish scrap prices rose by around €5-10/tonne ($5.4-10.8) on Friday. The country was one of the last to react to the increase seen in the Turkish market a few weeks ago. The latest booking of material by Turkish buyers at lower prices, however, could soon lead to Spanish values falling back, Kallanish notes. "The latest increase in Spanish scrap prices is more moderate and the movement could be considered very slow compared to the dynamism shown by oth…
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