The Italian domestic scrap market was very silent during the holiday season. While market players are mostly expected to return from their holidays next week, slow trading activity has started late in the current week. “Next week will give us some ideas about the future price trend,” an Italian source commented. Meanwhile, a small volume of scrap changed hands during August, and, based on data from the Nuovo Campsider association, the average price ranges for local scrap prices in Italy in August are shared below.
Quality |
Average spot price (€/mt) |
Turnings (E5) |
255-280 |
HMS (E3) |
285-345 |
Shredded scrap (E40) |
315-345 |
Busheling (E8) |
320-366 |
Prices include delivery and exclude VAT.