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09 Mar
15:55

232: German scrappers show little reaction as yet

Germany’s federation of steel scrap merchants BDSV has commented on US president Trump’s announcement to impose 25% import duties on foreign steel. At this stage it remains unclear whether the duties are to be imposed on scrap as well as on primary metal. This is not very likely given that the US is a net exporter of scrap, BDSV’s director Rainer Cosson says. In a presentation at Handelsblatt’s 'Zukunft Stahl' conference in D…
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