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30 Nov

German scrap market expects new decreases during winter

German scrap prices will continue to decrease in December, forecast local scrap market participants. Most sources expect new falls amid low demand and limited exports. Steel mills are keeping purchases low and the Christmas holidays are approaching. Prices in some parts of Germany decreased in November by €15-20/tonne ($15-21/t), a buyer form Bavaria tells Kallanish. Nationwide average prices for old thick scrap sort 3 are at €330/t, while new scrap sor…
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Svetoslav Abrossimov  |  Bulgaria
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