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Scrap traders facing worst market since collapse last year

Scrap traders are trading in the worst market since it collapsed a year ago.Those in the industry told MRW that since prices began to ease off in September, the ferrous market has carried on dropping due to a lack of construction and a fall in export demand. Over the past month, prices have fallen by around £15-20 across the board and this price cut may continue.A trader agreed the market is at its lowest point since its collapse in ...