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22 Aug
15:30

US scrap market seeks direction amid uncertainties

Although most market participants expect recurring price falls in scrap to end during September trading in the US, a clear picture of the market is yet to be seen. While some market experts expect prices to increase, others doubt it and most find a sideways trend more likely.   Although the planned upcoming outages within the country and lacking scrap demand in Turkey are increasing the pressure on scrap prices, market participants do not expect prices to fal…
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