Categories ArchivesScrap Metal Market Report

Scrap Metal Market Report – August 2021 link

Due to the summer vacation period and/or maintenance downtime both consumer scrap demand and scrap inflow from industry and collection companies were weaker during August. Some mills used their reduced demand to lower their offered prices, whereby the price reductions for industrial scrap, which is still in short supply, were much less than those made for obsolete scrap. ...

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Scrap Metal Market Report – June 2021 standard

June was characterised by long, drawn-out negotiations between market participants, high consumer demand across the board, a short supply of scrap and an unexpected marked jump in prices. As the month progressed, consumers became more open to demands made by the trade, especially those who were having difficulty obtain-ing their required quantities. Price increases of between €30 and €60 per tonne were officially registered, depend-ing on the scrap grade and mill concerned. ...

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Scrap Metal Market Report – April 2021 standard

On 22nd April 2021 the German Steel Federation (WV Stahl) reported that March crude steel production reached almost 3.8 million tonnes; this represents the highest monthly production volume since March 2017, when 3.801 million tonnes were smelted. This explains the marked increase in scrap demand during March this year and according to trade estimates, April figures will in no way be less than those reported for March. ...

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