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Chinese scrap market maintains its slight rising trend

Over the past week, the Chinese scrap market saw a slight rising trend, with a further ascension expected in the coming period against the tight availability of scrap supply. However, the relatively soft performance lately observed in the finished steel market is likely to exert a significant impact on the scrap market

Source: SteelOrbis Shanghai  РFor the latest in steel news & trends subscribe to SteelOrbis News at http://www.steelorbis.com

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