Recyclers hope for higher ferrous scrap demand and firmer prices

Potential for higher scrap rate in integrated steel works

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(WW) – Recyclers expect demand for steel scrap to increase and prices to stay stable or even move higher in the coming weeks in the wake of the "precipitous" increase in coking coal prices. At a minimum, the industry should see some increase in demand for steel scrap from integrated plants in the next three months, ...

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