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14 Dec
14:45

German scrap prices remain flat amid low demand

German scrap prices are stable in mid-December amid low demand and limited exports, say local scrap market participants. Most sources expect the market to remain quiet until the end of the year due to low purchases by steel mills and the upcoming Christmas holidays. Prices in most parts of Germany are flat, a buyer form Bavaria tells Kallanish. Nationwide average prices for old thick scrap sort 3 are at €330/tonne ($351/t), while new scrap sort 2/8 is at &eu…
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