15
Mar
14:56
Turkish purchasing lifts German scrap, more hikes expected
German scrap prices have increased in March amid higher demand and exports, say local market participants. They expect this trend to continue in the next few weeks amid restocking from Turkish mills in the aftermath of the devastating earthquake.
“We have sent several shipments of scrap to Turkey due to the ongoing demand from local steel mills,” a Bavarian buyer tells Kallanish. “Demand for mostly old scrap is again more than the supply.&rd…
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Anonymous
Very good overview of the weekly steel market.
Anonymous