<span class="wntoptext031"><span><font face="Arial">Market analysts indicated that scrap price will keep increasing till the end of 2010 because supply will remain tight especially in the fourth quarter, which is a typical high season for construction steel market. </font></span></span><span><br> <br> </span><span class="wntoptext031"><span><font face="Arial">The current US 80:20 scrap price has surged to US$390/ton c&f and that is very likely to jump to above US$400/ton c&f in the near future.</font></span></span><span><br> <br> </span><span class="wntoptext031"><span><font face="Arial">It’s said that a Turkish scrap importer has raised its purchasing price to US$400/ton.</font></span></span><span><br> ( source: <a href="http://www.yieh.com/"><u><font color="#0000ff" size="3" face="Times New Roman">www.yieh.com</font></u></a> )<span> </span></span>