Ferrous Prices Regain What Was Lost in November

After a November buying period when ferrous prices dropped from $30 to $45 per ton, prices rebounded by nearly the same amounts in December. Spot market figures collected through the Raw Material Data Aggregation Service (RMDAS) of Management Science Associates (MSA), Pittsburgh, show domestic steel mills paying from $10 to $40 more per ton for their scrap in the first 20 days of December.

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Ferrous Prices Regain What Was Lost in November