German domestic scrap prices up $12-23 per tonne in August

German steel mills settled their monthly contracts for ferrous scrap with a price increase of €10-20 ($12-23) per tonne in August, sources have told Metal Bulletin.

The rise was driven by the upward trend in the international markets. Metal Bulletin’s daily index for Northern Europe-origin HMS 1&2 (80:20) steel scrap exported to Turkey rose to $338.22 per tonne cfr Turkish ports on Thursday August 10, up by 15.40% since the middle of July, when...

Published

Maria Tanatar

August 11, 2017

16:32 GMT

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