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17 Nov

Increasing scrap value limits trade, encourages mill integration

The growing number of trade restrictions on scrap is a good indicator of its increasing value in the global decarbonisation drive, with the volume of seaborne ferrous scrap trade likely to fall further as a result, says ING Bank. The main potential of scrap resources is in Asian countries. In the EU, North America and Japan, scrap resources will not show significant growth, while demand will continue to rise. “More countries are imposing export ban…
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Adam Smith  |  Poland
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