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Although US sheet prices are currently at a large premium to European and, more
importantly Asian prices, the weakness of the dollar combined with high freight costs, as well as strong
demand in other markets have kept import pressures at bay for now. If sheet prices settle towards the
higher end of recently announced price increases however, it may be that despite these factors, imports do
again become an issue. In the long products market, a spike in scrap prices of between US$147-190/l.ton
caught some producers by surprise, but nonetheless necessitated further increases in finished products
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