According to market sources, prices in the local Greek
scrap market have this week been at €250/mt delivered, while domestic
scrap demand is at decent levels. Meanwhile, Greek
scrap suppliers prefer to focus on sales in their domestic market instead of on exports, since Greek steel producers pay higher prices for
scrap than foreign buyers. However, with the US dollar maintaining its strength against the euro, Greek
scrap suppliers may turn to the export markets with competitive prices if
scrap demand weakens in their domestic market.