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29 Jun
15:09

German scrap market eyes €500 in July

German scrap prices have continued to increase due to strong domestic demand and purchases from other European countries, according to most German scrap market participants. Prices in southern Germany, as well as in the north and west, increased €50-70/tonne ($60-83/t) in the last month, a Bavarian buyer tells Kallanish. The nationwide average price has increased so far this month by €70/t, with, for example, old thick scrap sort 3 up from €400/t (…
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