26
May
15:26
German scrap market eyes €400 in June
German scrap prices have continued to increase in May due to strong domestic demand and purchases from Turkey, according to most suppliers in the German scrap market.
Prices in southern Germany, as well as in the north and west increased €40/tonne ($49/t) on-month in May, a Bavarian buyer tells Kallanish.
This month, the nationwide average price increased so far by €20-40/t, with, for example, old thick scrap sort 3 up from €320/t ($391) to €3…
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Anonymous
Very good overview of the weekly steel market.
Anonymous