Unchanged steel scrap prices in Germany


Steel scrap prices did not move on the German market in April. At most, peak prices were cut, scrap merchants report. Supply and demand were largely balanced.

Buyers from Turkey reportedly made repeated appearances on the market but were said not to have made any recent purchases. Nevertheless, the demand from Turkey is cited as one of the reasons prices have remained stable on the German domestic market even though the export environment has deteriorated.

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