According to the latest figures provided by the German steel scrap recycler association (BDSV), in the first 20 days of May domestic steel scrap prices in Germany decreased by €2/mt ($3/mt) on average compared to the same period in the month of April. In February and March, scrap quotations had recorded an average month-on-month decrease of €15-16/mt ($20-22/mt), while in April prices had increased by €12-19/mt ($16-26/mt) compared to the previous month.
In the first 20 days of May this year, German domestic scrap prices indicated a decrease of €12-19/mt ($16-26/mt) on year-on-year basis.
Category |
Price: |
Price: |
Price: |
Price: |
E1 - Old steel scrap |
224 ($305/mt) |
224 ($305/mt) |
209 ($284/mt) |
223 ($303/mt) |
E2/E8 - New steel scrap |
249 ($339/mt) |
252 ($343/mt) |
239 ($325/mt) |
250 ($340/mt) |
E3 - Heavy old steel scrap |
247 ($336/mt) |
248 ($337/mt) |
236 ($321/mt) |
247 ($336/mt) |
E40 - Shredded scrap |
253 ($344/mt) |
256 ($348/mt) |
240 ($326/mt) |
255 ($347/mt) |
E5 - Steel Turnings |
194 ($264/mt) |
197 ($268/mt) |
178 ($242/mt) |
197 ($268/mt) |
*Average prices for domestic transactions all 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 = $1.36