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15 Mar
15:17

German scrap prices approach January peak

Following the price drop in February, most suppliers in the German scrap market have seen an increase in March as expected, due to new purchases from Turkey and Italy. Ferrous scrap prices in the past two weeks have increased by €20-35/tonne ($25-41) versus February in most cases. Prices in southern Germany increased in March by €25/t on-month, a Bavarian buyer confirms to Kallanish. The nationwide average price increase is about €25/t, with, for …
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