But I am told that the Labour leader Ed Miliband has given private assurances that while Labour will try to amend the bill to create greater safeguards, it will not vote to scrap closed material proceedings entirely.

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Nucor ( NUE) is the largest U.S. operator of mini-mills, smaller steel facilities that use scrap as their raw material.

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For pretty much the minimum international order of copper containing scrap is the short container, or 20 tonnes of material.

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Mittal figured he could cut his raw-material costs in half by buying direct-reduced iron rather than scrap.

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They rolled the dice on full voice overs, making every scrap of new work more expensive, slower to produce, and 25% as valuable as three times the traditional material would have been.

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