Italy’s ferrous scrap prices up by $23-34 in July on good demand

Domestic prices for ferrous scrap in Italy have jumped by €20-30 ($23-34) per tonne this month, on higher demand from the steel mills, sources have told Metal Bulletin.

Italian mills have been buying more scrap this month to build stocks for the traditionally quiet month of August, despite the challenging situation in the finished long steel products segment. “The mills will be closed on [scheduled] maintenance in August, so they need to have enough...

Published

Maria Tanatar

July 18, 2017

15:00 GMT

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