According to the latest figures provided by the German steel scrap recycler association (BDSV), in the first 20 days of September this year domestic steel scrap prices in Germany recorded a decrease of €12/mt ($14/mt) on average compared to the corresponding period in the previous month, while in August a decline of €18/mt ($20/mt) had been recorded compared to July.
On year-on-year basis, in the first 20 days of September this year German domestic scrap prices indicated a more significant decrease of €78/mt ($87/mt) on average.
| Scrap grade | Price: | Price: | Price: | Price: | Price: |
| E1 - Old steel scrap | 156 ($173/mt) | 166 ($184/mt) | 184 ($204/mt) | 204 ($226/mt) | 233 ($259/mt) |
| E2/E8 - New steel scrap | 170 ($189/mt) | 184 ($204/mt) | 202 ($224/mt) | 221 ($245/mt) | 252 ($280/mt) |
| E3 - Heavy old steel scrap | 172 ($191/mt) | 184 ($204/mt) | 203 ($225/mt) | 224 ($249/mt) | 249 ($276/mt) |
| E40 - Shredded scrap | 179 ($199/mt) | 192 ($213/mt) | 208 ($231/mt) | 231 ($256/mt) | 260 ($289/mt) |
| E5 - Steel turnings | 133 ($148/mt) | 144 ($160/mt) | 162 ($180/mt) | 179 ($199/mt) | 204 ($226/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).
€1 = $1.11
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