Local German scrap prices increase in July

Monday, 24 July 2017 16:30:35 (GMT+3)   |   Brescia
       

According to the latest figures provided by the German steel scrap recycler association (BDSV), in the first 20 days of July this year domestic steel scrap prices in Germany increased by €6.8/mt on average compared to the corresponding period of the previous month, after declining in the previous three months on month-on-month basis.
 
On year-on-year basis, in July this year German domestic scrap prices are up by a margin of €69/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:
July 2017
(€/mt)

Price:
June 2017 
(€/mt)

Price:
May 2017
(€/mt)

Price:
July 2016 
(€/mt)

E1 - Old steel scrap

206.6 ($240/mt)

200.3 ($232/mt)

209.3 ($253/mt)

141.0 ($164/mt)

E2/E8 - New steel scrap

228.4 ($265/mt)

223.8 ($260/mt)

229.9 ($267/mt)

153.8 ($178/mt)

E3 - Heavy old steel scrap

226.5 ($263/mt)

219.0 ($254/mt)

225.5 ($262/mt)

155.7 ($181/mt)

E40 - Shredded scrap

231.8 ($269/mt)

221.8 ($257/mt)

230.0 ($267/mt)

161.9 ($188/mt)

E5 - Steel turnings

183.8 ($213/mt)

178.2 ($207/mt)

187.5 ($218/mt)

119.7 ($139/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 = $1.16

 


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