Local German scrap prices decrease further in June

Thursday, 22 June 2017 15:54:27 (GMT+3)   |   Istanbul
       

According to the latest figures provided by the German steel scrap recycler association (BDSV), in the first 20 days of June this year domestic steel scrap prices in Germany decreased by €7.8/mt on average compared to the corresponding period of the previous month, after declining by €4/mt in May and €3/mt in April, both month on month.
 
On year-on-year basis, in June this year German domestic scrap prices are up by a margin of €47/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:
June 2017
(€/mt)

Price:
May 2017 
(€/mt)

Price:
Apr. 2017
(€/mt)

Price:
June 2016 
(€/mt)

E1 - Old steel scrap

200.3 ($224/mt)

209.3 ($234/mt)

215.0 ($241/mt)

155.8 ($274/mt)

E2/E8 - New steel scrap

223.8 ($251/mt)

229.9 ($257/mt)

230.6 ($258/mt)

168.1 ($188/mt)

E3 - Heavy old steel scrap

219.0 ($245/mt)

225.5 ($253/mt)

232.0 ($260/mt)

172.3 ($193/mt)

E40 - Shredded scrap

221.8 ($248/mt)

230.0 ($258/mt)

236.2 ($265/mt)

180.6 ($202/mt)

E5 - Steel turnings

178.2 ($200/mt)

187.5 ($210/mt)

190.2 ($213/mt)

129.9 ($145/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 = $1.12


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