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Low arisings and weak demand hitting ferrous markets, BIR hears

The UK ferrous market is being hit by a fall in arisings in the UK and weakened demand for finished products in the export market.

Falling Turkish demand hitting UK scrap prices

Shane Mellor, managing director of Mellor Metals, warned that the home and export markets for recycled metal have seen prices dip recently, as a result of Turkish finished product prices falling.

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