Iron Scrap Price Trend: Latest Market Insights, Forecasts, and...

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2025-07-09 12:06:19 -

Iron Scrap Price Trend: Latest Market Insights, Forecasts, and Historical Data

The global iron scrap price trend plays a critical role in shaping the steel and manufacturing industries, which rely heavily on scrap as a cost-effective, eco-friendly raw material. Iron scrap acts as a fundamental input for electric arc furnaces (EAFs) and contributes significantly to the circular economy by reducing dependence on virgin iron ore. Market participants—scrap dealers,...

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