According to the scrap index of the European Steel Federation (EUROFER), scrap prices in the European Union decreased in December compared to the same month 2010, while the index showed a recovery compared to the values recorded in November.
EU scrap prices index, December 2011 |
|||
Quality |
Value |
Variation m-o-m (%) |
Variation y-o-y (%) |
Demolition scrap |
301 |
+3.43 |
-3.83 |
New arisings |
301 |
+2.38 |
-7.38 |
Shredded |
300 |
+4.52 |
-2.59 |
*Notes: 2001 average=100. The indexes are based on €/mt average prices in France, Germany, Italy, Spain and the United Kingdom.