24
Apr
15:05
German scrap market expects stable prices in May
German scrap prices have remained flat in April due to low demand from domestic steel mills, reduced exports and a sluggish market, say local market participants.
“Most plants were interested in quick deals, which left most prices unchanged,” a scrap collector in Bavaria tells Kallanish.
Nationwide average German prices for old thick scrap sort 3 are at €345/tonne ($366/t), while new scrap sort 2/8 fell to €340/t. E40 shredded scrap is at &…
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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