Local German scrap price levels in March

Tuesday, 24 March 2015 15:26:02 (GMT+3)   |   Brescia
       

According to the latest figures provided by the German steel scrap recycler association (BDSV), in the first 20 days of March this year domestic steel scrap prices in Germany recorded a €2/mt ($2.2/mt) decrease compared to the corresponding period in the previous month.

In February this year, prices had decreased by €17/mt ($19/mt) compared to the previous month, while in the first month of this year prices had increased by €5/mt ($5.5/mt) month on month.

On the other hand, on year-on-year basis, in the first 20 days of March this year German domestic scrap prices indicated a significant decrease of €26/mt ($29/mt) on average.

Scrap grade

Price:
March 2015 
(€/mt)

Price:
February 2015 
(€/mt)

Price:
January 2015 
(€/mt)

Price:
December 2014 
(€/mt)

Price:
March 2014 
(€/mt)

E1 - Old steel scrap

185 ($204/mt)

189 ($208/mt)

205 ($226/mt)

197 ($217/mt)

209 ($/230mt)

E2/E8 - New steel scrap

204 ($224/mt)

208 ($229/mt)

226 ($249/mt)

224 ($246/mt)

239 ($263/mt)

E3 - Heavy old steel scrap

207 ($228/mt)

208 ($229/mt)

223 ($245/mt)

221 ($243/mt)

236 ($260/mt)

E40 - Shredded scrap

214 ($235/mt)

215 ($237/mt)

233 ($256/mt)

227 ($250/mt)

240 ($264/mt)

E5 - Steel turnings

162 ($178/mt)

164 ($180/mt)

183 ($201/mt)

177 ($195/mt)

178 ($196/mt)

*Average prices for domestic transactions across Germany in the first 20 days of the given month. 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 = $1.10


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