Strong home demand bolsters German scrap market

摘要

German scrap prices generally increased Eur10-15/mt (13-20 dollars) in March settlements, as demand from domestic steelworks remained very strong and large tonnages were being shipped to Turkey, local traders said Friday. One German consumer secured a Eur5-10/mt rise but this was an exception, a trader added: most deals went through Eur10-15/mt higher across the full range of scrap grades.