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15 Mar
14:37

US scrap market debates April pricing

Following the surge in March trading, market participants’ price expectations diverge for the US domestic market in April trading. Although market players think it is too early to make predictions on April pricing, most are seen to have lost their positive sentiment. A US scrap supplier tells Kallanish: “Export demand has weakened and prices are falling. Seasonally, we will see an increase in supply. We are observing sharp fluctuations in iron ore pric…
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