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Steel trader expects ferrous scrap prices to follow seasonal pattern and rise in the winter

Increase in EAF capacity will support long-term upward trend

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(WW) - The coming winter will be no different than the previous years and ferrous scrap prices will increase due to the seasonal dip in supply, forecast Ralph Oppenheimer, executive chairman of steel and raw material trading company Stemcor. Speaking at the autumn convention of the Bureau of International Recycling ...

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