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19 Jan

Spanish scrap prices continue to increase in January

Spanish scrap prices have continued to increase in January. An increase of around €10/tonne ($10.88/t) in the third full week of this month has taken local values close to the highest level seen since June, when new E8 quality last surpassed €400/t, Kallanish notes. “Domestic demand is growing after the holiday break as large local mills have increased their offers mainly for new scrap qualities. Further price movements remain unclear however,…
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