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13 Mar
11:31

Western EU scrap prices decline

French and Luxembourg scrap prices are seen declining on average by €30/tonne ($32) this month, with some less demanded grades declining by as much as €35-40/t, Kallanish hears from market sources. Suppliers say scrap collection remains limited for grades such as E40 shredded scrap, but both domestic and export demand is quiet and the outlook for finished products is negative. Benelux dock prices are decreasing and hovering mostly at around €290-300…
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