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August ferrous scrap prices largely hold steady

from Recycling Today

Scrap dealers and traders selling to steel mills on the spot market in early August fetched a few dollars per ton more for shredded and number one heavy melting steel scrap, but not for prompt industrial grades. Prices in the August buying period rose most sharply for shredded scrap in the south, where mills, on average, paid $346 per ton for shredded scrap, up from $316 in the July buying period. more


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