27
Sep
14:59
German scrap market hopes exports will support prices
German scrap prices increased in September amid exports to Asia and despite low demand from European mills, say local market participants. They expect values to be unstable next month.
“The fact that scrap prices rose in September was due to brisk export business to Asia, mostly to India and Pakistan,” one buyer tells Kallanish. “Steel mills in Europe continue to purchase very low volumes of scrap and there are no new signs for new restockin…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous