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02 Dec
15:10

US scrap market remains bullish over December pricing

Activity in the US scrap market has been limited due to the long Thanksgiving holiday last week. However, prices have continued increasing in export markets, while the bullish sentiment for domestic December pricing has gained strength. Most players expect prices to increase by at least $20/tonne, saying they could increase by as much as $30-35/t depending on the grade and region. While December scrap prices are anticipated to settle within this week, market pla…
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