29
Mar
14:44
Reduced Turkish buying clouds German scrap market outlook
German scrap prices have increased in March amid higher demand and exports mainly to Turkey, say local market participants. However, this trend may not continue next month after Turkish mills stopped restocking.
“Scrap availability decreased significantly over the last week and the market is showing signs of weakening demand,” a buyer tells Kallanish.
German scrap has increased in March by €20-40/tonne ($21-43).
Nationwide average prices for old…
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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