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10 Feb
15:28

US scrap prices decline, as anticipated

US domestic scrap prices settled last week, as expected, down $20-30/gross ton for the February-buy cycle, depending on the quality and region, Kallanish notes. As a result of the continuous decrease in export prices and slowed domestic demand in January, the upward trend in US domestic scrap prices, which began in November, has come to an end. US East Coast scrap prices have seen a steeper decrease compared to the Midwest, as a result of US scrap export prices t…
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