European steel scrap prices rise on Turkish gains, low availability

Monthly contracts for the supply of scrap to German and Italian steel mills have increased for March amid significant gains in the key Turkish deep-sea import market as well as tight availability in Europe, Fastmarkets heard on Tuesday March 21.

The increases came despite generally poor demand – and prices – for long steel products in both countries.
Germany

In the German market, sources pointed to low levels of scrap generation as...

Published

Ross Yeo

March 21, 2023

18:15 GMT

London