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Scrap Metal Market Report – November 2020 standard

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. ...

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Scrap Metal Market Report – October 2020 standard

At the beginning of the month and in the light of the weak deep sea market, German consumers wanted to lower their offered prices by between €10 and €15 per tonne. However, strong demand from the mills showed an increase in demand compared to last month’s figures. According to the German Steel Federation (Wirtschaftsvereinigung Stahl) September crude steel production was up 6.6% (just over 3 million tonnes) compared to August. ...

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