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12 Sep

German scrap prices fall, new decreases expected

German scrap prices decreased in mid-September, according to German scrap market participants. Most sources expect prices to decline further this month due to the high energy costs and uncertainty gripping the market. Prices in most parts of Germany have decreased by €20/tonne ($20/t), a Bavarian buyer tells Kallanish. Nationwide average prices for old thick scrap sort 3 are up to €330/t. The price for new scrap sort 2/8, meanwhile, is at €340/t. E…
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