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) |
Average spot price (€/mt) |
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.