During May, in parts, long drawn-out negotiations led to unchanged prices or scrap traders were forced to accept markdowns of between €2 and €10 per tonne, depending on the mill and scrap grade concerned; this pattern became apparent in all regions. The longer the negotiations lasted the higher the markdowns. Most mills were able to cut price peaks, even though industrial scrap was certainly in demand and the trade was unanimous in reporting a weak inflow thereof; this appeared somewhat contrary to the official positive reports regarding coming from the real economy. More