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26 Aug
15:51

German scrap market expects unstable prices in September

German scrap prices declined in August due to the traditional summer holidays in Europe and lower purchases from Turkey, according to German scrap market participants. Prices in southern Germany, as well as in the north and west, decreased €20-40/tonne ($23-47/t) this month, a Bavarian buyer tells Kallanish. The nationwide average price has decreased this month by €30/t, with, for example, old thick scrap sort 3 down from €480/t ($564) to €44…
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