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25 Oct
14:50

German scrap prices fall amid low demand, exports

German scrap prices have decreased in October due to the sluggish market and low demand, say local market participants. Sources continue to expect values to be unstable amid the impact of the war in Israel and reduced steel production in most European countries. “Prices fell amid low demand in Germany and Europe,” a buyer tells Kallanish. “The export market has also recently become weaker; the amount of old and new scrap [generation] is falling d…
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