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Hot Rolled vs Scrap Price Spread Inching Back Up
The spread between hot-rolled coil (HRC) and prime scrap prices has changed course in recent weeks, according to Steel Market Update data. Busheling scrap prices declined for the fifth consecutive month in September, while hot-rolled prices have levelled out in recent weeks. Overall, we had seen a shrinking delta between the two products from May […] The post Hot Rolled vs Scrap Price Spread Inching Back Up appeared first on Steel Market Update.