According to a report released by the German Federal Statistical Office (Destatis), in May this year the import price of iron ore in Germany increased by 51.3 percent year on year and was down 4.1 percent month on month.
In May, the average import price of iron and steel and ferroalloys in Germany increased by 23.8 percent year on year and was up 0.3 percent as compared to April.
Meanwhile, in May this year the import price of nickel increased by 6.4 percent compared to the same month last year and fell by 7.1 percent month on month.