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

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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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