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13 Oct
15:15

German scrap market debates rising energy cost impact

German scrap prices declined slightly in the first two weeks of October due to full stocks in Europe, according to German scrap market participants. The expectation is for rising energy costs to have an impact on the scrap market, sources say. Prices in southern Germany, as well as in the north and east, have decreased by €5-10/tonne ($6-12/t) this month, a Bavarian buyer tells Kallanish. Nationwide average prices for old thick scrap sort 3, for example, are…
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