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Europe to lead world in scrap production and sales

Within a few years the euro may supplant the US dollar as the currency in which scrap sales to key importing regions such as the Far East and Turkey are concluded, according to a UK-based steel and ferrous industry expert speaking at last months US Institute of Scrap Recycling Industries (ISRI) Convention in Las Vegas.Alex Antikides of Pan Global Resources in Weybridge suggested a switch to the euro could occur once the currency had been adopted by the European Unions 10 new ...