Market Report, Nonferrous Scrap, Central Europe

Market report from Bogdan Grincsisin of G.B.T.I., Hungary

Nonferrous Scrap>> Europe>> Bogdan Grincsisin, G.B.T.I.
 

The aluminum market is a little bit quiet. The price for the secondary scrap is going down a little bit and consequently the demand is also. But for the primary, everything is okay. All factories are looking for and need of more and more material. I am a little optimistic.

There is a lot of competition for supply. In Eastern, Central and Western Europe, everywhere and everybody, is looking for primary scrap.

The automobile industry is growing a little bit, but the building industry is still slow.

Bogdan Grincsisin of G.B.T.I. can be contacted at gbogdan@gbti.hu.