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31 May

Spanish scrap prices tick up

The Spanish scrap market ended May with an upward price movement after a series of previous corrections, Kallanish learns from local sources. Domestic prices have risen between €10-25/tonne ($10.6-26.6) for the different qualities as a result of material scarcity following the Spanish industrial production decline observed in recent months. The rebound also follows the price uptick seen in the Turkish market. “The price increase seen in the Turkish s…
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