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07 Apr
19:45

Schnitzer Steel expects strong demand through Q3

Schnitzer Steel anticipates that Turkish demand for steel will impact its pricing for both long steel products and scrap, as the nation's government has expressed plans to begin rebuilding the country's infrastructure. The company believes that demand in both its domestic and international markets will remain strong through its third quarter, and that profitability will continue to increase. The Portland, Oregon-based US long steel producer earned $4 milli…
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