23
Nov
15:08
Scrap prices recover in Germany and beyond
Following a dip of up to €20/tonne ($23.70/t) one month earlier, November scrap prices in Germany have climbed by between €5-10, in a move that reflects actual demand, sources say.
“It was only the lack of export sales that gave the mills some leverage last month to bring prices down,” one German market observer tells Kallanish. Turkish buyers had looked outside Europe for supplies, and to some extent still do, “… but the order…
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Anonymous
Very good overview of the weekly steel market.
Anonymous