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Most new plants use low-scrap input despite cost and environmental pluses, says analyst

from Recycling Magazine

There are some powerful reasons for mills to favor the use of stainless steel scrap over virgin materials, not least that it is "the lowest cost option" for consuming mills and the subject of "very competitive pricing at the moment," said Robert Messmer of Austria-based analyst Steel and Metals Market Research in his guest presentation to the latest meeting of the BIR Stainless Steel and Special Alloys Committee. more

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