Manufacturing still performing very strongly around the world

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Global manufacturing is still doing very well, according to the latest set of purchasing managers' indices for March.

This would suggest that demand for raw materials, including those that are recycled, should remain at current levels for the time being.

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But manufacturers in Europe, UK and US all reported that commodity prices continued to increase.

The eurozone has been, by far, the strongest region in recent months, with exceptionally high PMI readings becoming the norm . . .

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