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SCRAP METAL PRICES

TOP SCRAP NEWS

  • Chinese Iron Ore prices may remain stable this week

    The price of domestic iron ore is expected to stabilize this week, and Shandong market may see some declines. Domestic ore prices were mixed last week, according to SMM data. Prices in eastern Liaoning rose slightly, while prices in some regions of Hebei dropped.

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  • Sharpe rise in Baltic freight index may drive Chinese Iron Ore prices down

    A spike in Capesize ship demand buoyed up the bulk dry shipping market in August, causing the Baltic dry Index to close last Friday at 1,096 points, up 341 points from July 31.

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  • US Shredded Scrap prices remain flat at $382 a long ton

    United States shredded scrap prices remained flat again last week to finish at $382 a long ton (delivered mill).

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