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US ferrous scrap pricing seen steady in January
US ferrous scrap prices are likely to maintain current levels through January, after rising $10 Wednesday, according to comments from analysts and one scrap sector CEO. After getting a $55/long...More...
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Carmaking collapse cuts commodities consumption
US carmaking collapse The US federal government is apparently poised to help troubled US carmakers with a $13.4 billion infusion, but it remains to be seen if such assistance can stall the destruction of demand for the major materials and commodities that go into the typical North American light vehicle.
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Steel Markets DailyWorld crude steel production down 10.3% in November
World crude steel production dropped to 89 million mt in November 2008, according to the World Steel Association. This was down 10.3% compared with the previous month, and a fall of 19% from November 2007.
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