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US scrap prices began to decline in early April

07,2025 07:00 AM

HMS 1/2 scrap quotations (80:20) in the US fell by $2/t by April 4 compared to March 21, to $353/t FOB East Coast. In general, product rose in price by $16/t in March. Therefore, some metallurgical plants have already refused to accept scrap due to declining demand for finished rolled products.

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