21
Jul
01:00
Scrap prices dip heavily in Germany
Following a relative standstill for two months after a curious increase in April, scrap prices on the German market have fallen deeper than expected in July, sources say.
“We expected that in summer prices would stay put, but it has turned out to be much more difficult,” one market observer tells Kallanish. Other observers contacted by Kallanish in late June were already more sceptical at that point, anticipating a fall of €10-15/tonne ($11-…
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Anonymous
Very good overview of the weekly steel market.
Anonymous