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13 May
14:43

Western Europe scrap rises moderately compared to south

French and Luxembourg scrap prices are rising between €5-10/tonne ($5.3-10.7) for some grades, while other qualities are flattening depending on each mill’s needs. One steel producer in France is strongly reducing output this month and buying lower scrap tonnages. While finished product order books are far from improving, scrap availability remains short, Kallanish hears from market sources. Suppliers say export volumes to Turkey continue to stagnate.…
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