27
Jul
14:24
German scrap market expects stable prices in August
German scrap prices have fallen in July, despite better demand and higher exports, according to German scrap market participants. However, most sources expect values to be stable in August due to the summer holidays and uncertainty gripping the market.
Prices in most parts of Germany have decreased by €30-50/tonne ($30-50/t) this month, a Bavarian buyer tells Kallanish.
Nationwide average prices for old thick scrap sort 3 are down to €340/t ($344). The…
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Anonymous
Very good overview of the weekly steel market.
Anonymous