German scrap prices have fallen significantly for a second month in June due to lower demand and weak exports, according to German scrap market participants. Most sources continue to expect values to fall further because of the uncertainty gripping the market.
Prices in most parts of Germany have decreased this month by €80-85/tonne ($83-88/t), a buyer tells Kallanish.
Nationwide average prices for old thick scrap sort 3 are down to €440/t ($458). The p…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.