03
Jul
15:13
German scrap market foresees continued stability
German scrap prices remained mostly stable in June due to an unchanged domestic market and low exports, say local market participants. Sources do not expect big changes next month amid summer holidays and downtime.
In some parts of Germany, there were some increases last month of about €5-8/tonne ($5.4-8.6/t), a scrap collector in Bavaria tells Kallanish.
Nationwide average German prices for old thick scrap sort 3 are at €350/t ($374/t), while new scrap…
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Anonymous
Very good overview of the weekly steel market.
Anonymous