Japanese scrap prices recover as buyers return

Nov 30, 2011 | 08:57 PM |

Japanese scrap prices extended a recovery from multi-month lows after mills decided that the price collapse over the past two months has been overdone. The national average price for H2 grade scrap stood at ¥24,262 ($312) per tonne at the end of last week, marking the second straight week of gains,....

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