In January this year, local French steel scrap prices increased by €8.7/mt ($10/mt) on average compared to December, according to the latest data issued by the French Steel Federation (FFA). The month-on-month increase follows the increase seen in December after the price decreases recorded in previous months.
On year-on-year basis, in January local French scrap prices decreased by a significant €72/mt ($79/mt) on average, as shown in the following table:
| Category | Price: January 2016 (€/mt) | Price: December 2015 (€/mt) | Price: January 2015 (€/mt) |
| E1C (HMS II) | 152 ($166/mt) | 144 ($157/mt) | 220 ($240/mt) |
| E3 (HMS I) | 159 ($174/mt) | 152 ($166/mt) | 234 ($255/mt) |
| E40 (Shredded) | 168 ($184/mt) | 160 ($175/mt) | 243 ($265/mt) |
| E5M (Turnings) | 130 ($142/mt) | 122 ($133/mt) | 196 ($208/mt) |
| E8 (Busheling) | 166 ($181/mt) | 153 ($167/mt) | 240 ($262/mt) |
€1 = $1.09