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10 Oct
15:57

LME scrap/rebar volumes rise in September, prices fall

The London Metal Exchange (LME) saw both the number of lots and tonnage volumes surge month-on-month for both its rebar and scrap contracts in September, information from the exchange sent to Kallanish reveals. Average prices tumbled on-month however for both rebar and scrap. The LME formerly advised an end-of-month price for both the rebar and scrap contracts in its monthly ferrous report. It now highlights average, minimum and maximum prices for the month…
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