Scrap prices drop in Italian market in April
Reportedly, the scrap prices have dropped slightly in Italian market in April.
At present, the quotes of the HMS 80:20 (1&2) are at €310~€320/ton in Italian domestic market currently.
The sluggish bar industry in Italy has affected the demand for scrap, causing the scrap prices drop by €5~€10/ton in domestic market, an Italian scrap distributor said.
For the prospect, most dealers said that the scrap prices may remain weak in May due to the uncertain market situation.
News Date 24 Apr 2012 13:52:18 reported by Nann Cheng