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Ferrous scrap supply and demand both lower in July on the German market

Minor mark-downs or stable prices expected in August

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Steel scrap supply and demand lower in Germany in July

(D) – The summer holiday season and the associated summertime shutdowns have further depressed scrap demand from German steel mills in July, but that from Italian steel mills even more. However, since scrap supply has declined considerably, too, there is no inventory build-up in scrap yards in Germany. "Everything ...

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