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MARKETS: Ferrous weekly round up 15 February

No improvement in the past week but local mills and exporters are still buying all the usual grades. Despite this, stock shortages still pose serious problem for all sectors of the trade. Intakes from demolition sites and new production scrap ex-factory are very slow but intakes of mixed scrap from itinerant collectors are even worse with many of the smaller firms blaming the ban on cash purchases.