Local German scrap price levels in July

Monday, 24 August 2015 15:01:12 (GMT+3)   |   Istanbul
       

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 recorded a decrease of €18/mt ($21/mt) on average compared to the corresponding period in the previous month, while in June a €20/mt ($23/mt) decrease had been recorded compared to May.

On year-on-year basis, in the first 20 days of July this year German domestic scrap prices indicated a more significant decrease of €65/mt ($75/mt) on average.

Scrap grade

Price:
July 2015 
(€/mt)

Price:
June 2015 
(€/mt)

Price:
May 2015 
(€/mt)

Price:
April 2015 
(€/mt)

Price:
July 2014 
(€/mt)

E1 - Old steel scrap

166 ($191/mt)

184 ($212/mt)

204 ($235/mt)

205 ($238/mt)

228 ($262/mt)

E2/E8 - New steel scrap

184 ($212/mt)

202 ($232/mt)

221 ($254/mt)

220 ($253/mt)

252 ($290/mt)

E3 - Heavy old steel scrap

184 ($212/mt)

203 ($233/mt)

224 ($258/mt)

225 ($259/mt)

251 ($289/mt)

E40 - Shredded scrap

192 ($221/mt)

208 ($239/mt)

231 ($266/mt)

232 ($267/mt)

258 ($297/mt)

E5 - Steel turnings

144 ($166/mt)

162 ($186/mt)

179 ($206/mt)

181 ($208/mt)

200 ($230/mt)

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).

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 = $1.15


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