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09 Apr
14:42

Scrap seen under pressure, but markets diversifying

There is downward pressure on scrap prices, but availability of US and EU scrap for export has also declined and higher iron ore prices will have a knock-on effect on scrap. So said International Rebar Exporters and Producers Association (Irepas) raw materials suppliers committee chairman Jens Björkman at a meeting on Tuesday in Barcelona. “Most scrap suppliers agree that we would probably see continued reductions before we see any better atmosph…
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