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Commentary > Scrap Magnet

Up and down year in ferrous scrap might end year higher

By Bill Beck - October 22, 2018

An up and down year in the nation’s ferrous scrap market has seen prices slip from their first quarter peak to a low at the end of the third quarter. But strong order books and decreasing flow of such bellwether grades as shredded and cut scrap have many in the industry expecting fourth quarter prices to rebound to levels higher than they were during the year’s early months.
 

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