GERMANY STEEL SCRAP: April prices largely stable; new scrap prices inch upward

Domestic ferrous scrap prices in Germany have been largely unchanged over the month to Friday April 16, sources have told Fastmarkets.

New scrap was an exception, with prices for such grades increasing slightly due to tight supply from the automotive sector.
Fastmarkets’ monthly price assessment for steel scrap No E3 (old thick steel scrap), domestic, delivered mill, Germany, was unchanged over the month at €360-370 ($431-443) per tonne on April 16.

And the corresponding monthly price assessment for steel scrap, E40 shredded, domestic, delivered consumer, Germany, was €365-375 per tonne...

Published

Maria Tanatar

April 16, 2021

17:08 GMT

London