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23 Sep
16:01

Scrap prices stay unchanged in Germany

The prices for scrap agreed by German mills in September’s contracts have moved very little from those paid in August, when they saw a gentle increase from the trough reached in July.  The outcome is therefore in line with the assumptions many market players had made and expressed to Kallanish last month. However, although immediate moves were not anticipated, players noted that various diverging factors could drive volumes and prices in either direct…
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