GERMANY FERROUS SCRAP: Domestic prices decline on weaker international market

German steelmakers have settled their monthly scrap contracts for September with an average drop in prices of about €5-10 ($6-12) per tonne, sources told Metal Bulletin on Friday September 14.

Metal Bulletin’s monthly price assessment for domestic grade-E3 scrap in Germany was €270-285 ($315-332) per tonne delivered in September, compared with €280-290 per tonne delivered in August. “[The domestic] price drop was driven by the weaker international market, because domestic demand...

Published

Maria Tanatar

September 14, 2018

18:18 GMT

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