(D) – No one could describe the recent downturn in the ferrous scrap market as unexpected. For quite some time, all signs had pointed to a coming market contraction. However, the vehemence of the drop in steel mills’ scrap demand in September and the abrupt fall in scrap prices that accompanied it surprised many ...
German steel scrap market hits the brakes: Demand and prices head sharply south
High pressure on prices expected to continue into October
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