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13 Apr
15:41

German scrap prices increase slightly despite uncertainty

German scrap prices increased at the beginning of April due to the Russian invasion of Ukraine and short supply, according to German scrap market participants. Most sources expect uncertainty to continue to impact the market. Prices in southern Germany and in most other parts of the country increased by €20-30/tonne ($22-32/t) this month, a Bavarian buyer tells Kallanish. Nationwide average prices for old thick scrap sort 3 are up from €560/t to €5…
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