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    Final Thoughts

    Final Thoughts

    Written by John Packard


    A note this morning from one of my scrap friends: “Btw, we are not getting too excited just yet, the scrap market is clearly beginning to bottom a bit. Should strengthen a little in August.”  

    I am getting mixed messages on lead times, but I think the consensus is lead times have moved out and in some products (not named hot rolled) they have moved out more than one week.

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