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Secondary steel
Steel that does not meet the original customer's specifications because of a defect in its chemistry, gauge or surface quality. Mills must search to find another customer (that can accept the lower quality) to take the off-spec steel at a discount. While secondary will not affect the reported yield, margins will suffer.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Metals
- Category: Steel
- Company: Michelle Applebaum Research
- Product:
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