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Weakening U.S. dollar boosts ferrous scrap exports

By Bill Beck - July 17, 2017

A U.S. dollar that has been weakening against benchmark currencies for much of the past month is helping to boost ferrous scrap exports. Prices at export yards on the Atlantic, Gulf and Pacific Coasts were up $5 to $8 in July, and that in turn has helped increase cut grade prices in some markets.

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