The rapid appreciation of the euro over the weekend has created additional challenges for European scrap exporters. Despite efforts to find target prices in export destinations, many exporters are considering reducing their dock prices by €5 per tonne.

Currently, prices are mostly around €310-315 per tonne ($340-346) delivered. The flow of materials remains low due to holidays and seasonal factors, making it difficult for Benelux suppliers to improve sales prices in the export markets.