Local German scrap prices increase in March

Tuesday, 22 March 2016 13:46:52 (GMT+3)   |   Brescia
       

According to the latest figures provided by the German steel scrap recycler association (BDSV), in the first 20 days of March this year domestic steel scrap prices in Germany increased by €12.8/mt ($14.33/mt) on average compared to the corresponding period of the previous month. This is the first month-on-month increase after two months of downward movement.

On year-on-year basis, in March this year German domestic scrap prices are down by a significant margin of €57/mt ($63.8/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:
Mar. 2016 
(€/mt)

Price:
Feb. 2016 
(€/mt)

Price:
Jan. 2015 
(€/mt)

Price:
Mar. 2015 
(€/mt)

E1 - Old steel scrap

132.0 ($148/mt)

119.0 ($133/mt)

128.9 ($144/mt)

185.4 ($208/mt)

E2/E8 - New steel scrap

146.5 ($164/mt)

133.9 ($150/mt)

143.1 ($160/mt)

204.2 ($229/mt)

E3 - Heavy old steel scrap

149.7 ($168/mt)

134.6 ($151/mt)

145.8 ($163/mt)

207.0 ($232/mt)

E40 - Shredded scrap

154.0 ($172/mt)

139.7 ($156/mt)

154.5 ($173/mt)

214.3 ($240/mt)

E5 - Steel turnings

105.9 ($119/mt)

96.8 ($108/mt)

106.2 ($119/mt)

161.8 ($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 = $1.12


Similar articles

Local Italian scrap market still sluggish, prices stable

29 Mar | Scrap & Raw Materials

Mexican domestic scrap prices

28 Mar | Scrap & Raw Materials

Carbon and stainless scrap prices in Taiwanese domestic market - week 13, 2024

28 Mar | Scrap & Raw Materials

Turkey’s deep sea scrap prices stabilize at $385-390/mt CFR

28 Mar | Scrap & Raw Materials

CISA: Coking coal purchase cost in China down 9.86% in Jan-Feb

28 Mar | Steel News

US scrap market still expecting sideways pricing in April

27 Mar | Scrap & Raw Materials

Ex-US deep sea scrap prices to Turkey increase, ex-EU prices relatively stable

27 Mar | Scrap & Raw Materials

Downtrend reverses in Pakistan’s import scrap segment

27 Mar | Scrap & Raw Materials

Average local Chinese scrap prices rise amid tight supply after previous decreases

27 Mar | Scrap & Raw Materials

Import scrap prices in India move up, but low bids prevent deals

27 Mar | Scrap & Raw Materials