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13 May
01:00

German scrap market loses clarity in May after April price hike

Prices for scrap in Germany increased by around €15/t ($17.1/t) for most scrap grades from March to April, according to statistics from the national steel scrap federation BDSV, based on transactions. Market observers note that recent developments are "... unclear" at best, however, and do not appear to favour a general and stable price increase. “There are some increases by €15, some by €10, and in some areas there are no chan…
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