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2026-03-16 07:23:48 -

Heavy Melting Scrap Price Trend Global Market Facing Steady Downward Pressure

The Heavy Melting Scrap Price Trend during the recent quarter reflected a clear downward movement across major global markets. Heavy Melting Scrap (HMS), especially Grade 1&2 (80:20), is widely used by steelmakers in electric arc furnaces for producing long steel products. Because it is directly connected to steel production and construction activity, its pricing often changes according to...

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