German steelmakers have settled their monthly scrap contracts for December with a decline for E3 and E40 grades, reflecting the decline in the international market, sources told Fastmarkets.
Fastmarkets' monthly price assessment for domestic grade-E3 scrap in Germany was at ?,?270-280 ($307-318) per tonne delivered in December, compared with ?,?275-290 per tonne delivered in November.Deals that had been settled at the beginning of negotiations were settled at the upper end of the range, while the lower end...