According to market sources, local scrap prices in Spain have declined by €70/mt in the past month, recording their strongest monthly decrease in many years.
Grade | Price (€/mt) |
E6 - 4A-New automotive bundles | 233-235 ($250-252/mt) |
E8 - New cuttings/E-2-Oxi | 222-225($238-241/mt) |
E3 - OA | 210 ($225/mt) |
P&S | 215 ($230/mt) |
E40 - Shredded | 205-208 ($220-223/mt) |
E1 - N1&2 | 190-195($203-209/mt) |
E5h - Steel turnings | 170-175($182-188/mt) |
All above prices are ex-yard.
€1 = $1.07