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22 Jun
15:00

German scrap price soft as rebar strengthens

While prices for rebar in Germany and neighbouring markets have been resurging in the past two weeks, the average monthly scrap price has continued softening, according to the latest figures by recyclers’ federation BDSV. Several German sources had earlier suggested to Kallanish that the picture was balanced in the first half of the month and that prices could gain or lose €5/tonne ($5.58/t), trending rather downwards than upwards. A couple of Austria…
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