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Brisk export demand prevents further price slide on German steel scrap market

Traders expect stable or slightly increasing prices for November

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Brisk export demand prevents further price cuts on German steel scrap market

(D) – After prices for ferrous scrap soared to record highs this past summer in Germany, a significant price correction occurred in August and September. At the beginning of October, it initially looked like prices would continue to soften. But then the export business picked up dramatically, so steel mills were ...

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EUWID Price Watch Steel Scrap Germany
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