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19 Oct
15:34

Scrap balancing after bottoming out, says BIR

Scrap price volatility is expected to ease in the remainder of the year, while prices have bottomed out, the Bureau of International Recycling (BIR) says in a note sent to Kallanish. BIR Ferrous Division board member Tom Bird said at the association’s meeting in New Delhi this week: “We have seen a softening (in scrap prices) over recent weeks but it is felt that we have reached the bottom and should see a more balanced market for the remai…
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