Local German scrap prices down slightly in April from March

Monday, 22 April 2013 17:43:48 (GMT+3)   |   Brescia

According to the latest figures provided by German steel scrap recycler association (BDSV), in the first 20 days of April this year domestic steel scrap prices in Germany decreased slightly, down by €2-5/mt ($3-7/mt) month on month, following the slight increase recorded in the first 20 days of March as compared to the corresponding period of February.

The main price decreases in April as compared to March have been recorded by steel turnings and shredded scrap, which are the two categories which indicate the biggest rises in March. Steel turnings is the category which witnessed the smallest year-on-year decrease.

 

Category

Price: Apr. 2013 (€/mt)

Price: Mar. 2013 (€/mt)

Price: April 2012 (€/mt)

E1-Old steel scrap

249 ($324/mt)

251 ($326/mt)

281 ($365/mt)

E2/E8-New steel scrap

276 ($359/mt)

278 ($361/mt)

308 ($400/mt)

E3-Heavy old steel scrap

272 ($354/mt)

275 ($358/mt)

308 ($421/mt)

E40-Shredded scrap

278 ($361/mt)

283 ($368/mt)

314 ($408/mt)

E5-Steel Turnings

227 ($95/mt)

233 ($303/mt)

251 ($326/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 = $1.30


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