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09 Mar
00:00

German scrap market in paradox of low availability and low prices

Scrap prices in Germany have slipped recently, while the market lacks a clear stimulus. Values made a temporary rebound in January, marking a break in the seasonal longer-term dwindling of prices that sets in each autumn, a source at Germany’s steel scrap federation BDSV says. However, February brought another dip of roughly €10-20/tonne. This month, “the mood still isn’t the best,” the manager tells Kallanish. However, the …
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