12
Feb
11:40
Scrap trade in Germany slows in 2015
German mills bought some 13.7 million tonnes of steel scrap on the market in 2015, according to a preliminary estimate by recycling federation Bundesverband Sekundärrohstoffe und Entsorgung (BVSE).
This means a drop of 1mt from 2014. “Raw materials on the whole are in a downward dwindle,” BVSE says, adding that the price deterioration for scrap has not been quite as drastic as for iron ore. This is on the basis that EAF-based mills cannot do wit…
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Anonymous
Very good overview of the weekly steel market.
Anonymous