GERMANY FERROUS SCRAP: Domestic prices fall in line with global decline, poor demand for finished steel

Steelmakers in Germany have settled their monthly scrap contracts for October with an average month-on-month fall of €30 ($33) per tonne, sources told Fastmarkets this week.

Fastmarkets’ monthly price assessment for steel scrap No E3 (old thick steel scrap) domestic, delivered mill Germany, was €225-235 ($215-226) per tonne in the middle of October, down by €30 per tonne from €225-235 per tonne delivered in mid-September. The assessment was based on deals heard in the...

Published

Maria Tanatar

October 15, 2019

12:15 GMT

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