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07 Sep
22:13

US scrap market shows strength, fears UAW strike

The general outlook for steel scrap markets in the US is mostly positive, Kallanish learns from attending the Institute of Scrap Recycling Industries (ISRI) roundtable in Chicago. Economic analysts at the event suggest that the downstream outlook for both the domestic US rebar and hot rolled coil markets remains mostly positive as well. At a panel pertaining to ferrous scrap trading, one market speculator indicated that the consolidation of mills and acquisit…
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