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12 Oct
15:44

US scrap prices settle mostly sideways

US scrap prices started settling on 6 October and have closed mostly sideways in October trading. Although most market participants were expecting a stronger trend for US domestic scrap prices in early September, predictions have turned negative since then, with softening export prices on the East and West Coasts. The impact of export prices on local pricing has become stronger, with local prices for particular grades in the South even slightly softening in Octo…
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