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High steel |
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| The high steel recycling rate--which jumped 2 percent between 2002 and 2003--is one of the strongest arguments used by steel packaging advocates when talking up their material over competitors like glass and plastic. High steel prices have already spiked grain bin prices by up to 50% and dryer prices by up to 20%. This strong demand is despite the fact that high steel costs are pumping up prices. |
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