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After a difficult start to negotiations, German steel mills offered scrap suppliers average price increases of €30 per tonne during March. The increases more or less compensated for the price reductions made in February.  ...

At the end of January signs of prices weakening became apparent on the international scrap market. A few consumers attempted to take advantage of this in their domestic contract closures during February in order to counterbalance a large part of the higher prices paid last month; they reduced their purchasing prices by between €50 and €55 per tonne, compared to January. ...

Price increases of between €70 and €100 were registered during the month, depending on the date of contract closure, the consumer and the scrap grade concerned. As in December, the price picture lacked transparency, due to the differing price levels of each individual ...

During November scrap prices remained more or less unchanged; although some slight price increases were seen, dependant on the scrap grade, mill and supplier concerned. The trade reported that they were successful in turning over all offered quantities, although it appears not all mills were able to procure scrap in the quantities they required. ...