According to a report released by the German Federal Statistical Office (Destatis), in May this year the import price of iron ore decreased by 2.2 percent year on year in Germany, while it was stable as compared to April this year. In May, the import price of nickel fell by 12.3 percent compared to the same month of last year and was down by 4.2 percent month on month.
In May, the average import price of iron and steel and ferroalloys in Germany fell by 7.4 percent year on year, down 0.9 percent compared to the previous month.