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14 Mar
09:47

Spanish transport costs endanger scrap supplies, prices grow

Spanish scrap prices have continued to increase in March. The latest hike of €20/tonne ($21.91/t) week-on-week has taken values to a new record. This has been driven by scarce raw materials supply and costlier transport. The future development of prices remains unclear, sources tell Kallanish. Spain is facing transport disruptions caused by the withdrawal of freight services by large local road companies due to higher oil and gas prices. Transport association…
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