GERMANY FERROUS SCRAP: Prices decline with international market

Steelmakers in Germany have settled their monthly steel scrap contracts for November with an average month-on-month decline of €15-20 ($16-22) per tonne, sources told Fastmarkets.

Fastmarkets’ monthly price assessment for steel scrap No E3 (old thick steel scrap), domestic, delivered mill Germany was €230-255 ($249-276) per tonne on February 18, down from €250-270 per tonne in mid-January. The assessment was based on deals heard in...

Published

Maria Tanatar

February 19, 2020

10:20 GMT

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