Local German scrap prices decline further in February

Wednesday, 24 February 2016 11:25:46 (GMT+3)   |   Brescia
       

According to the latest figures provided by the German steel scrap recycler association (BDSV), in the first 20 days of February this year domestic steel scrap prices in Germany decreased by €10.9/mt ($11.99/mt) on average compared to the corresponding period of the previous month.

On year-on-year basis, in February this year German domestic scrap prices indicated a significant decrease of €72/mt ($79.2/mt) on average.

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).

 

Scrap grade

Price:
Feb. 2016 
(€/mt)

Price:
Jan. 2016 
(€/mt)

Price:
Dec. 2015 
(€/mt)

Price:
Feb. 2015 
(€/mt)

E1 - Old steel scrap

119 ($131/mt)

128.9 ($142/mt)

130.5 ($143/mt)

188.80 ($208/mt)

E2/E8 - New steel scrap

133.9 ($147/mt)

143.1 ($157/mt)

146.9 ($162/mt)

207.6 ($228/mt)

E3 - Heavy old steel scrap

134.6 ($148/mt)

145.8 ($160/mt)

148.6 ($163/mt)

208.2 ($229/mt)

E40 - Shredded scrap

139.7 ($154/mt)

154.5 ($170/mt)

157.0 ($173/mt)

215.2 ($237/mt)

E5 - Steel turnings

96.8 ($106/mt)

106.2 ($117/mt)

107.9 ($119/mt)

164.3 ($181/mt)


 
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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