12
May
16:33
German scrap prices fall amid low demand
German scrap prices decreased in the first weeks of May due to low demand and export deals, say local market participants. They expect values to continue to fall amid low purchases from steel mills.
“There are very few deals so far for German scrap, because there is weak demand from domestic steel producers and from the European market,” one buyer tells Kallanish.
German scrap decreased so far this month by €25-30/tonne ($27-32/t), according to s…
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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