GERMANY STEEL SCRAP: Domestic prices fairly stable in September

Domestic ferrous scrap prices in Germany have fallen only slightly in the month to Friday October 16, supported by good demand from the country’s mills, sources told Fastmarkets.

Fastmarkets’ monthly price assessment for steel scrap No E3 (old thick steel scrap), domestic, delivered mill, Germany, was €240-245 ($287-293) per tonne on October 16 compared with €240-250 per tonne in mid-September.
The assessment was based on deals heard in the market.

The decline of international scrap prices over the month had no...

Published

Maria Tanatar

October 16, 2020

17:40 GMT

London