Local German scrap prices soften slightly during October

Tuesday, 25 October 2016 15:24:56 (GMT+3)   |   Brescia
       

According to the latest figures provided by the German steel scrap recycler association (BDSV), in the first 20 days of October this year domestic steel scrap prices in Germany decreased by €7.18/mt on average compared to the corresponding period of the previous month.
 
On year-on-year basis, in October this year German domestic scrap prices are up by nearly €20/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:
October 2016 
(€/mt)

Price:
September 2016 
(€/mt)

Price:
August  2016 
(€/mt)

Price:
October 2015 
(€/mt)

E1 - Old steel scrap

143.9 ($157/mt)

150.6 ($164/mt)

151.0 ($165/mt)

119.1 ($130/mt)

E2/E8 - New steel scrap

155.5 ($170/mt)

162.3 ($177/mt)

165.1 ($180/mt)

137.6 ($150/mt)

E3 - Heavy old steelscrap

157.8 ($172/mt)

164.7 ($180/mt)

165.7 ($181/mt)

137.8 ($150/mt)

E40 - Shredded scrap

162.1 ($177/mt)

170.8 ($186/mt)

172.4 ($188/mt)

143.4 ($56/mt)

E5 - Steel turnings

121.4 ($132/mt)

128.2 ($140/mt)

127.7 ($139/mt)

102.5 ($112/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%
 
€1 = $1.09


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