Domestic prices for ferrous scrap in Italy have been largely unchanged in May so far due to an even supply-demand balance, sources told Metal Bulletin.
Metal Bulletin's monthly price assessment for domestic grade E3 scrap in Italy was ?,?285-305 ($339-363) per tonne delivered in May, compared with ?,?285-300 per tonne delivered a month earlier. "Mills have relatively low stocks of the material [and] the demand is good," an Italian...