Lively export trade with Turkey and India sends German steel scrap prices higher again

Many merchants expect prices to stay firm or rise further in January


(D) – Nobody would have guessed that ferrous scrap prices in Germany would bounce back to near last summer’s levels as quickly as they have after the price collapse the market witnessed at the start of autumn. As in November, though, strong demand for scrap from export markets and continued material scarcity have ...

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