The Benelux scrap market is experiencing significant pressure due to low bids from Turkish mills. This situation has led to a decrease in dock prices, with exporters in Belgium and the Netherlands adjusting their prices to around €305-310 per tonne.
The weak inflow of scrap and the absence of Turkish demand are key factors contributing to this downward trend. Market participants are closely monitoring the situation, anticipating further price adjustments as the market remains volatile.