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US November scrap trading wrapped up last week with prices down for all grades across the region amid weak demand, Kallanish notes. Low order books and mill outages weighed on the market and resulted in weak scrap demand, as expected by most market participants. The uninterrupted generation of prime grades caused their prices to remain weakest. Although shredded prices fell $20/gross ton from October levels, busheling fell $30/gt and continued to remain below shr…
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