ITALY FERROUS SCRAP: Domestic prices down on poor demand

Domestic prices for ferrous scrap in Italy have declined over the past month due to falling demand from the mills, sources told Fastmarkets on Friday July 12.

The monthly price assessment for steel scrap, No E3 (old thick scrap), domestic, delivered mill Italy, was €240-255 ($270-287) per tonne on July 12, compared with €245-265 per tonne in the assessment in the middle of June.

“The market is weak and demand is going to worsen further, due to the seasonal slowdown in...

Published

Maria Tanatar

July 12, 2019

17:12 GMT

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