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Scrap Metal Market Report – September 2018 standard

Supported by their scrap accrual during August, scrap consumers were in the position to reduce their purchasing prices on average by €15 during September. In order to stock-up on scrap at attractive price levels, the mills had originally planned much greater markdowns in the light of low export demand and weakening export prices. More

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Scrap Metal Market Report – August 2018 standard

During August contracts were closed quickly with consumers and suppliers agreeing to a € 5 tonne aver-age markdown, compared to last month. Some market participants would have liked to have pushed through higher markdowns, but they were unsuccessful in so doing. More

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Scrap Metal Market Report – June 2018 standard

During June scrap demand was consistently good and after long, drawn-out negotiations, consumers purchased industrial scrap at the same price levels as last month, whereas prices for obsolete scrap sank by between €1 and €7, depending on the scrap grade and the consumer concerned. In effect, consumers were unable to take advantage of the softening deep sea market at the beginning of June and also of weaker export prices (compared to domestic pricing). More

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Scrap Metal Market Report – May 2018 standard

Although some consumers had assumed they would be able to reduce their offered prices at the beginning of the month, after a short negotiation period it soon became clear that prices were going to settle at levels comparable to those on the April market. The scrap market became tighter during the course of the month as a result of high consumer demand and lower scrap availability due to numerous public holidays resulting in extended long weekends. According to the trade, scrap availability during May differed considerably across the country. More

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Scrap Metal Market Report – April 2018 standard

During April, after difficult (as described by the trade), longwinded negotiations, market partners finally agreed to unchanged or marginally reduced prices of between €3 and €5 per tonne, depending on the scrap grade and mill concerned. During the preliminary stages of the negotiations, consumers had set their eyes on considerably higher price reductions but were soon forced to reconsider their original ex-pectations as a result of the tight scrap market. More

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