24
Feb
15:25
German scrap prices recover from early February dip
Scrap prices in Germany during the second week of February have begun to recover from the dip seen at the start of the month, and continue to do so. They will probably return to January’s levels, market sources tell Kallanish.
German mills tried to reduce buying prices by some €40/t ($42.3/t) in February. At the beginning of the month, early contracts were indeed signed with at around €30-35/t less, Kallanish hears from one manager. In late…
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Anonymous
Very good overview of the weekly steel market.
Anonymous