Steel Prices Up - Page 5
So, up here, scrap might take 2 or 3 weeks to get to the local mill, but it could be 2 months or 12 until its actually made into new steel. The vast majority of US scrap is remelted in the US- probably close to 75%. And, of the balance, most goes to Canada and Mexico. We never exported much scrap to China- other metals, yes, but steel no.
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