Assofermet: Italian scrap metal market remains stable in October

The Italian association representing companies involved in the trade, distribution and processing of steel and metals, Assofermet, welcomed the findings of the latest research published by the Joint Research Center (JRC) of the European Commission on the Steel Supply Chain in the EU. According to the data obtained, the availability of ferrous scrap in Europe has long exceeded domestic demand and is expected to remain in excess at least until 2035.

According to the monthly market report released by Assofermet, an association representing Italian scrap distributors, October 2025 was characterized by "substantial stability."

Italian ferrous scrap market

In October, the situation on the Italian market remained fairly stable, with a slight increase in prices for high-quality materials by the end of the month. This growth was not uniform: in fact, it affected only flat products, while prices for long products remained unchanged. The forecast for November is optimistic, although the weakness of scrap collection activity is causing some concern.

International and Turkish scrap metal markets

In early October, scrap metal prices in the Turkish market increased by $5/ton, after which they remained stable due to weak demand.

European markets, on the other hand, were dominated by a downward trend and inconsistent demand. Only some of these markets, such as Spain, offered small price increases for November shipments at the end of the month, which were not