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German scrap prices increased in April due to the Russian invasion of Ukraine and short supply, according to German scrap market participants. However, most sources expect prices to fall in May despite uncertainty continuing to impact the market. Prices in southern Germany and in most other parts of the country increased this month by €20-30/tonne ($21-31/t), a Bavarian buyer tells Kallanish. Nationwide average prices for old thick scrap sort 3 are up from &…
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