Italian domestic scrap market at standstill due to holidays

Friday, 21 July 2023 17:16:39 (GMT+3)   |   Istanbul
       

Not much has changed in the local Italian scrap market over the past two weeks as the country has entered the summer holiday season. “Both steel and scrap demand are low. Prices are almost stable,” an Italian contact said.

As a result, SteelOrbis’ range of local scrap reference prices in Italy is standing as below:

Quality  

Average spot price (€/mt)
July 21

Average spot price (€/mt)
July 5

Turnings (E5)  

270-290

270-290

HMS (E3)  

315-335

315-335

Shredded scrap (E40)  

345-365

345-365

Busheling (E8)   

330-350

330-350

Prices include delivery and exclude VAT.


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