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18 Jul
15:31

Scrap market pins hopes on fourth quarter: BIR

Unfavourable conditions prevail in the recycled steel market, with hopes for improvement resting on the last quarter of the year, says Bureau of International Recycling (BIR) Ferrous Division president Denis Reuter. Positives could come from effective economic stimulus measures in China, a confident economic policy from the Turkish government and an end to the cycle of interest rate hikes by large central banks, Reuter notes in BIR’s latest Ferrous Mirror se…
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