According to the latest figures provided by the German steel scrap recycler association (BDSV), in the first 20 days of October domestic steel scrap prices in Germany decreased by €15/mt ($19/mt) on average compared to the corresponding period in the month of September.
In both February and March this year, scrap quotations in Germany had recorded an average month-on-month decrease of €15-16/mt ($19-20/mt), while in April prices had increased by €12-19/mt ($15-24/mt) compared to the previous month. In May this year, local scrap prices in Germany had decreased on average by €1.92/mt ($2.4/mt) month on month. In June price decreases of €2-4/mt ($3-5/mt) were recorded, while in July prices had remained generally stable. In August, local scrap prices had increased by €7/mt ($9/mt), while in September a very slight price increase was registered.
On the other hand, in the first 20 days of October this year, German domestic scrap prices indicated a decrease of €6/mt ($8/mt) on year-on-year basis.
Categoria | Price: | Price: | Price: | Price: |
E1 - Old steel scrap | 214 ($272/mt) | 233 ($296/mt) | 228 ($290/mt) | 220 ($279/mt) |
E2/E8 - New steel scrap | 237 ($301/mt) | 252 ($320/mt) | 252 ($320/mt) | 246 ($312/mt) |
E3 - Heavy old steel scrap | 236 ($300/mt) | 249 ($316/mt) | 251 ($319/mt) | 242 ($307/mt) |
E40 - Shredded scrap | 244 ($310/mt) | 260 ($330/mt) | 258 ($328/mt) | 251 ($319/mt) |
E5 - Steel Turnings | 191 ($243/mt) | 204 ($259/mt) | 200 ($254/mt) | 193 ($245/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 = $1.27