The German scrap market is anticipating a quiet trading period in January. Market participants expect limited activity due to the holiday season and reduced industrial output. Despite the slow start, there is cautious optimism that demand will pick up later in the month as steel mills resume operations and restocking begins.
However, the overall sentiment remains subdued, with traders predicting stable to slightly lower prices for scrap materials. The market is closely monitoring export demand, particularly from Turkey and Italy, which could influence price movements in the coming weeks.