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Germany’s import prices of iron ore drop in August

According to data released by the German Federal Statistical Office, Germany’s import prices of iron ore dropped by 18.2% YoY in August.

The country’s import prices of iron ore also declined by 1.8% compared to the previous month..

Meanwhile, steel import prices decreased by 0.8% in August YoY and remained steady from a month ago.

The average import prices of nickel surged by 27.1% compared to the same month a year ago.

Source – yieh

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