German iron ore import prices down 1.2 percent in August from July levels

According to a report released by the German Federal Statistical Office (Destatis), in August this year the import price of iron ore increased by 14.9 percent year on year in Germany, while it decreased by 1.2 percent as compared to July this year. In August this year, the import price of pig iron, steel and ferroalloys in Germany rose by 3.3 percent year on year, while it decreased by 0.5 percent compared to July this year.