26
Oct
15:09
German scrap market expects bearish prices in November
German scrap prices increased in some parts of the country this month, according to local scrap market participants. Most sources continue to expect the market to be very sluggish in November, with sales low and customers adopting a wait-and-see attitude. The main reason for this remains high energy costs and low purchases by steel mills.
Prices in some parts of Germany have increased only for old scrap by €5-10/tonne ($4.9-9.7/t), a buyer tells Kallanish.
N…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous