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... of ferrous scrap will drop to 84 million to 85 million tonnes, down 6 million to 7 million tonnes compared with 2011," Sun Quanyou, deputy secretary ...
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June 20-21, 2013
The decline in scrap the last two months is putting pressure on domestic mills for price relief on rebar. The mills have not yet caved to the pressure.
--U.S. rebar buyer