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Scrap Metal Market Report – January 2020 standard

Despite the continuing overall difficult market environment and the traditional shutdowns and/or maintenance work at the turn of the year, January scrap demand was good, albeit regionally very varied. Not all domestic mills were able to cover their demand during December, consequently those mills affected started off the January market with offered price increases of between €20 and €30 per tonne, depending on the mill and scrap grade concerned. In the end, compared to December, consumers paid a Germany-wide average price markup of €15 per tonne (free to ...

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Scrap Metal Market Report – December 2019 standard

Despite numerous production stops, either as a result of vacation period or technical operational related shut-downs, total demand levels were surprisingly high, albeit demand volume from individual mills was very varied. From the middle of October up to the editorial deadline, Turkish consumers, showing strong demand (see Graphic 1), increased their offered prices by between 60 and 70 US-$ per tonne, whilst the first consumers on the domestic market attempted to purchase quantities at unchanged price levels or with price markups of only €10 - €15 per tonne. However, it soon became clear that price increases of this calibre would hardly be sufficient to secure the desired quantities, so that some mills consequently raised their offered prices by between ...

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Scrap Metal Market Report – November 2019 standard

During November, market developments were both remarkable and confusing for all parties concerned. The difficult situation in which the steel industry finds itself was confirmed; the marked average price reductions seen during September and October of €65 per tonne, the consequent turnover problems and sinking mar-gins (as a result of rising costs and weak sales prices) are taking their ...

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Scrap Metal Market Report – October 2019 standard

What nobody had expected at the beginning of the month soon became harsh reality, as consumers lowered their offered prices for the 7th consecutive time. On average scrap prices fell by between €30 and €35 per tonne during October. The trade reported that consumers showed absolutely no willingness to negotiate prices. Depending on the scrap grade and mill concerned as well as the regionally very varied levels of demand, price markdowns ranged from €25 to €40 per ...

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Scrap Metal Market Report – September 2019 standard

During September mills were successful in reducing scrap prices for the 6th consecutive time; whereas price reductions from April to August were moderate, those during September ranged from €20 to €30 per tonne, depending on the point of contract closure as well as the mill and scrap grade concerned. Despite the vacation period, the August production of crude steel in Germany was registered at 3.37 million tonnes, thus higher than production during July (3.22 million tonnes). ...

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