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Ferrous prices regain what was lost in November 2011

from Recycling Today

After a November 2011 buying period when ferrous prices dropped from $30 to $45 per ton, prices rebounded by nearly the same amounts in December 2011. Spot market figures collected through the Raw Material Data Aggregation Service of Management Science Associates, Pittsburgh, show domestic steel mills paying from $10 to $40 more per ton for their scrap in the first 20 days of December 2011. more


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