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28 Jul
14:42

German scrap market stable, floods could impact supply

German scrap prices have continued to increase slightly in July due to strong domestic demand and purchases from other European countries, according to most German scrap market participants. However, sources expect the flooding in some parts of the country will negatively impact the supply chain. Prices in southern Germany, as well as in the north and west, increased €20-30/tonne ($24-35/t) in the last month, a Bavarian buyer tells Kallanish. The nationwide …
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