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Five years since the start of the Great Recession, the ferrous scrap sector is still trying to fully figure out where it’s been—and where it’s going—as mixed signals continue to pour in from the market, mills and economists.
Although a majority of respondents to AMM ’s annual survey on the outlook for the metals sector say business should be better in 2013, an overwhelming number believe it will be 2014 or even later before the US economy fully recovers.
Every month American Metal Market takes a statistical look inside the marketplace.
June 20-21, 2013 New York
They said they would not be able to offer specific remedies from the conference call but would work with the appropriate committees of the LME to find solutions.
Daniel Twarog, Nadca