Local German scrap price levels down slightly in January from December

Thursday, 28 January 2016 16:32:05 (GMT+3)   |   Brescia
       

According to the latest figures provided by the German steel scrap recycler association (BDSV), in January this year domestic steel scrap prices in Germany decreased by €2.5/mt ($2.7/mt) on average compared to the corresponding period in the previous month.

On year-on-year basis, in January this year German domestic scrap prices indicated a significant decrease of €80/mt ($87/mt) on average.

 

Scrap grade

Price:
Jan. 2016 
(€/mt)

Price:
Dec. 2015 
(€/mt)

Price:
Nov. 2015 
(€/mt)

Price:
Jan. 2015 
(€/mt)

E1 - Old steel scrap

128.9 ($142/mt)

130.5 ($142/mt)

121.5 ($132/mt)

205 ($223/mt)

E2/E8 - New steel scrap

143.1 ($156/mt)

146.9 ($160/mt)

137.2 ($150/mt)

226.2 ($247/mt)

E3 - Heavy old steel scrap

145.8 ($159/mt)

148.6 ($162/mt)

138.3 ($151/mt)

233.3 ($254/mt)

E40 - Shredded scrap

154.5 ($168/mt)

157 ($171/mt)

146 ($159/mt)

232.7 ($254/mt)

E5 - Steel turnings

106.2 ($116/mt)

107.9 ($118/mt)

100.6 ($110/mt)

182.5 ($199/mt)


Prices are average prices for domestic transactions across Germany in the first 20 days of the given month. The prices are provided by Bundesvereinigung Deutscher Stahlrecycling-und Entsorgungsunternehmen e.V. (BDSV).
 
Specifications:
E1 - Old steel scrap: thickness ≥ 4 mm, maximum dimensions 1.5 m x 0.5 m x 0.5 m
E2/E8 - New steel scrap: maximum dimensions 1.5 m x 0.5 m x 0.5 m
E3 - Heavy old steel scrap: thickness ≥ 6 mm, maximum dimensions 1.5 m x 0.5 m x 0.5 m
E40 - Shredded scrap: excluding incinerator steel scrap and collection scrap; density ≥ 1.1 mt/m3, Fe ≥ 92%
E5 - Turnings: excluding iron and automatic steel turnings

€1 = $1.09


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