30
Jun
09:19
Spanish scrap market expects prices to continue falling
Scrap prices in Spain continued falling towards the end of June. The market saw a €60/tonne ($62.73/t) correction in the last two weeks. Sources forecast the downtrend to continue in July, although without being clear about the extent of the drop.
“The correction reflects the slowdown in the international market. Prices have returned to the levels seen in March, and a further adjustment is expected at the beginning of July,” one source tells Kalla…
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Anonymous
Very good overview of the weekly steel market.
Anonymous