05
Jan
12:16
European scrap prices to increase
The trend in January for European scrap prices is for “strong increases”, sources in southern, northern and Eastern Europe tell Kallanish.
Due to short supply of the most demanded grades, such as shredded E40 and E1, and increasing Turkish values, German and Austrian sellers believe values may increase by €30-40/tonne ($31-42). This will include freight rate hikes by German and Austrian rail operators, which should be in the range of €10-15/t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous