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25 Feb
15:08

German scrap market eyes price increase in March

Following the price drop in February, most suppliers in the German scrap market expect an increase at the beginning of March due to new purchases from Turkey and other countries with low stocks. Ferrous scrap prices this month have fallen by €30-40/tonne ($36-49) versus January in most cases. Prices in southern Germany decreased in February by €30/t on-month, a Bavarian buyer confirms to Kallanish. The nationwide average price decrease was €40/t, …
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