After the price increases recorded in the first few days of March, the Italian domestic scrap market has mostly remained stable in the past week, with only slight increases for the prices of a few scrap grades. Meanwhile, sources among traders said they are delivering scrap regularly and that they do not foresee further price increases in the coming days. The market seems more oriented towards maintaining stability.
Average spot prices in the local Italian scrap market are as follows:
|
Quality |
Average spot price (€/mt) |
|
Turnings (E5) |
265-270 ($326-332/mt) |
|
HMS (E1/E3) |
280-290 ($344-357/mt) |
|
Shredded scrap (E40) |
310-315 ($381-387/mt) |
|
Busheling (E8) |
315-320 ($387-394/mt) |
Prices include delivery and exclude VAT.
€1 = $1.23