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12 Jan
12:46

German scrap market expects price increase amid restocking

German scrap prices are expected to increase in January amid new demand and exports after the holidays, say local market participants. “Currently, the market is showing signs of new trade movements, but it’s too early to say what the prices will look like in the first month of 2023,” a buyer tells Kallanish. “That will become clearer next week.” German scrap prices decreased in December by €10-20/tonne ($10.76-21) amid low dema…
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