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12 May
15:23

Higher demand lifts German scrap prices

German scrap prices have increased significantly due to strong demand from Turkey and Italy, according to most suppliers in the German scrap market. Prices in southern Germany, as well as in the north and west increased €30/tonne ($36/t) on-month in May, a Bavarian buyer tells Kallanish. This month, the nationwide average price increased so far by €20-30/t, with, for example, old thick scrap sort 3 up from €320/t ($388) to €350/t in May’…
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