Tag: Europe firms on tight supply
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Ferrous scrap export market sees firm European supply fundamentals amid stable US and Brazil markets
Brazil scrap market remains largely stable Benelux scrap prices firm on tight supply Ferrous scrap export markets remained largely range-bound during the week ended 21 August, with US and Brazil prices broadly stable while European markets strengthened on tight availability and higher logistics costs. Cautious mill procurement and subdued Asian demand continued to cap upside,…