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10 Jan
14:04

UK scrap supply sufficient, export restrictions 'catastrophic': BMRA

The UK generates sufficient ferrous scrap to meet increased future demand driven by the domestic industry’s transition to electric arc furnace steelmaking. Scrap export restrictions would have a “catastrophic negative” impact on prices and jeopardise scrap merchants’ business continuity, says the British Metals Recycling Association (BMRA). Citing a recent UK Steel report, BMRA points out the UK steel industry will need between 4.2mt and 7m…
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