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31 Jan

US scrap market expects softening in February trading

Approaching February trading, market sentiment has turned even more negative in the US. Although market participants were expecting prices to remain unchanged from January, this is now considered as the best-case scenario. Most now think prices will soften in February. A US domestic supplier tells Kallanish: “Although export prices are improving and weather is a major obstacle, there is no support from domestic supply. This will most probably cause prime-gra…
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Burcak Alpman  |  Turkey
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