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Commentary > Scrap Magnet

Growing Steel Demand Presents Opportunity For Scrap Pricing Super Cycle in Next Decade

By Bill Beck - May 21, 2021

The recent surge in North American ferrous scrap prices amid strong global steel markets and supply shortages, particularly for prime grades, could be just the start of a demand super cycle for high quality scrap units and alternatives, according to several panelists at Fastmarkets’ virtual Scrap, DRI and Mini-Mills conference, April 13-15, 2021.

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