29
Nov
14:50
German scrap market expects quiet December, higher costs
German scrap prices have increased slightly in November due to some new demand and exports, say local market participants. Sources expect values to be stable next month amid the approaching Christmas holidays.
“Most steelworks in Germany and other European markets once again held back on purchasing scrap due to the continued weak order situation and the upcoming downtime in December,” a buyer tells Kallanish. “However, domestic prices were suppor…
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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