The European steel federation EUROFER has announced that in the month of October this year all of the European scrap price indexes trended down in October compared to September levels:
EU scrap prices index, October 2011 | |||
Quality | Value | Variation m-o-m (%) | Variation y-o-y (%) |
Demolition scrap | 306 | -3.47 | +19 |
New arisings | 312 | -4.58 | +12.63 |
Shredded | 302 | -3.51 | +20.31 |
*Note: 2001 average=100. Indexes are based on €/ton average prices in France, Germany, Italy, Spain and United Kingdom.