Average spot prices in the local Italian scrap market are as follows:
Quality |
Average spot price (€/mt) |
Turnings (E5) |
130-140 ($142-153/mt) |
HMS (E1/E3) |
160-170 ($174-185/mt) |
Shredded scrap (E40) |
175-185 ($190-202/mt) |
Busheling (E8) |
175-185 ($191-202/mt) |
Prices include delivery and exclude VAT.
Looking ahead to next month, market players say there will be no significant fluctuation in prices in the domestic market. Scrap availability remains decent considering that the current low demand could also slow down further due to the difficulties steel producers are facing.
€1 = $1.09