In July this year, local French steel scrap prices have indicated significant decreases compared to June, declining by €17/mt on average, according to the latest data issued by the French Steel Federation (FFA).
On year-on-year basis, in July local French scrap prices decreased by a significant €40/mt on average, as shown in the following table:
Category | Price: July 2015 (€/mt) | Price: June 2015 (€/mt) | Price: May 2015 (€/mt) | Price: July 2014 (€/mt) |
E1C (HMS II) | 202 ($224/mt) | 217 ($241/mt) | 217 ($241/mt) | 242 ($269/mt) |
E3 (HMS I) | 219 ($243/mt) | 236 ($262/mt) | 234 ($260/mt) | 261 ($290/mt) |
E40 (Shredded) | 223 ($248/mt) | 244 ($271/mt) | 244 ($271/mt) | 267 ($296/mt) |
E5M (Turnings) | 182 ($202/mt) | 200 ($222/mt) | 198 ($220/mt) | 218 ($242/mt) |
E8 (Busheling) | 227 ($252/mt) | 240 ($266/mt) | 237 ($263/mt) | 266 ($295/mt) |
€1 = $1.11