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29 Apr
20:01

German scrap intake falls in 2019

Scrap intake by German mills fell in 2019, in line with lower steel production, but at a slower rate, Kallanish hears from steel recyclers' federation BDSV. Mills’ intake, including of imported scrap, went down by -6.2% on-year to 13.7 million tonnes, while intake by foundries fell -9.2% to 3.2mt. Foundries often serve the automotive and mechanical engineering industries, which explains the steeper drop by that customer group. For much the same reason,…
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