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December Seen Pushing Steel Output to New High
Cleveland based report notes December will likely surpass 7.9 million tons in weekly steel production, lifting the year’s total to a record high despite a slight weekly dip in ingots and castings. Railroads remain strong buyers as modernizations drive demand for wheels and rails in 1986. Steel’s no 1 heavy melting scrap price drops to 28.33 per gross ton.
MENTIONED IN THIS ARTICLE
Cleveland, Ohio
Steel Magazine
Steel
Midwest