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Firm prices forecast for ferrous scrap in the medium term

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India’s import demand rising despite dominance of BOF route (WW) – The price of ferrous scrap is set to remain at a high level, similar to that of the 1960s and 1970s, even after an adjustment. The key variable is the scrap demand from China. This was the view given by Peter Hickson, Global Strategist in Basic ...

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