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Market Monitor - Scrap - WEEK 49 - Fire in the sky- 14 Dec 10

Steel scrap prices continued to climb last week in most of the regions.
A major surge is expected in coming week or 10-15 days, as due to sever winter the supply sources are becoming very tight.
Market players are looking at USD 430 per tonne to USD 460 per tonne levels very soon.

Dec 14, 2010 14:03
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