On September 29, Peiner Traeger GmbH, the beam and section unit of German steelmaker Salzgitter, announced a scrap surcharge of €126/mt ($184/mt) on all beams and sections for October 2009 deliveries. The scrap surcharge of the producer has increased by €11/mt ($16/mt) as compared to the September surcharge.
€1 = US$1.45780