24
Jan
13:46
German scrap prices increase but market still uncertain
German scrap prices have increased in January amid higher exports values, say local market participants. However, the market remains uncertain amid high energy costs and sluggish economic activity.
“In the first month of the new year, most steel plants showed some demand amid restoking,” a buyer tells Kallanish. “The sharp increase in export prices made it possible for domestic traded scrap prices to rise in Germany.”
German scrap inc…
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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