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26 Jun
16:39

German scrap market fears low prices over summer

Following an increase in May, most players in the German scrap market say June prices have gone down due to low demand. “The situation in June is not better than it was in May, with plants’ scrap demand going down because of low demand for their products,” a scrap merchant representative tells Kallanish. “Mills are decreasing the volume of their production because of the weak order situation in the automotive industry and mechanical and pla…
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