The European Confederation of Iron and Steel Industries (EUROFER) has announced that all European scrap price indexes trended down in November compared to the values in October. The new arisings index also decreased compared to the same month last year:
EU scrap prices index, November 2011 |
|||
Quality |
Value (€/mt) |
Variation m-o-m (%) |
Variation y-o-y (%) |
Demolition scrap |
291 |
-4.9 |
+4.3 |
New arisings |
294 |
-5.76 |
-0.67 |
Shredded |
287 |
-4.96 |
+4.74 |
*Notes: 2001 average = 100. Indexes are based on average prices in France, Germany, Italy, Spain and United Kingdom.