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German steel scrap traders see “light at the end of the tunnel” but outlook still cautious

Market players hope autumn will bring uptick in business and price levels

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(D) – Although summer has just begun, the steel scrap sector in Germany is already turning its focus to autumn. The industry hopes by then to have a clearer picture of how business in the steel sector and the ferrous scrap market will develop. Now that many steel-processing industries, in particular the automotive ...

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