German scrap prices have fallen significantly in May due to lower demand from Turkey and weak exports, according to German scrap market participants. Most sources continue to expect values to fall further next month because of the uncertainty continuing to grip the market.
Prices in southern Germany and in most other parts of the country have decreased this month by €70-80/tonne ($74-85/t), a Bavarian buyer tells Kallanish.
Nationwide average prices for old …
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