Domestic prices for ferrous scrap in Italy have declined over the past month in line with a fall in international scrap values, sources told Fastmarkets on Wednesday October 16.
Fastmarkets' monthly price assessment for steel scrap, No E3 (old thick scrap), domestic, delivered mill Italy, was ?,?200-205 ($220-226) per tonne in the middle of October, compared with ?,?210-230 per tonne in the middle of September.In addition to decrease of international ferrous scrap prices, weak market...