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18 Jul
18:50

US scrap pricing may rebound by Q4: BIR

Ferrous scrap pricing in the US is poised for increases in the second half of the year due to stronger steel purchasing and weak incoming scrap supply, according to the Bureau of International Recycling (BIR). Writing in BIR’s quarterly ferrous report, SA Recycling (USA) president and chief executive officer George Adams notes that tumbling hot rolled coil procurement has thwarted any rebound in scrap pricing since the start of 2024. He expects a turnaround …
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