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28 Apr
14:21

German scrap market expects price increase in May

After prices remained flat in April, most suppliers in the German scrap market foresee price increase in May due to increased consumer demand and low stocks. Prices in southern Germany, as well as in the north and west, did not decrease in April, contrary to previous expectations, following their €30/tonne ($35/t) on-month hike in March, a Bavarian buyer tells Kallanish. Last month, the nationwide average price increased by €20-30/t, with, for example, …
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