Some mills are reported to be working at fifty percent production capacity in Italy. At this level there is certain equilibrium between supply and demand. If mills increase production to sixty percent or more, some scrap shortage may occur. Scrap prices may change in a couple of days; however, current scrap price levels in Italy are as follows:
Busheling scrap |
€175/mt ($232/mt) |
Demolition scrap |
€160/mt ($212/mt) |
Shredded scrap |
€170/mt ($225/mt) |
All prices are delivered to customer and include transport costs for medium or large quantities, but not for small ones.
€1 = US$1.32671