Recycled Steel Market to Perceive Substantial Growth During 2017 - 2025
Steel recycling is a process that is widely performed in steel industries worldwide. Recycled steel is more cost effective than mining iron ore and then converting it into new steel. There are mainly three broad sources of scrap steel- home scrap (i.e. the scrap produced within a mill and is available within few weeks of time), prompt scrap (i.e. the scrap produced from manufacturing of steel products and is available within few months), and obsolete scrap (i.e. the scrap produced...
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