The protracted September negotiations for US ferrous scrap metalhave finally concluded, with the consensus among marketparticipants that the mills were the clear winners in this round ofsettlements.Ferrous scrap sellers in the Philadelphia region in Pennsylvaniaand in the states of Alabama, Virginia and North Carolina and SouthCarolina managed to secure modest gains, while mills in many otherregions across the country followed the lead of Midwest mills inthwarting much-anticipated price increases.
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