Scrap prices have continued to decrease in the German domestic market in the past few months. According to the latest data provided by the German steel scrap recycler association (BDSV), in the first 20 days of October prices decreased significantly both month on month and year on year.
Scrap prices in Germany in October fell by €30/mt on average month on month, while they declined by €79/mt compared to the same month last year.
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).
Scrap grade |
Price: October 2019 (€/mt) |
Price: September 2019 (€/mt) |
Price: August 2019 (€/mt) |
Price: July 2019 (€/mt) |
Price: October 2018 (€/mt) |
E1 - Old steel scrap |
148.5 ($164.8/mt) |
175.7 ($195/mt) |
202.2 ($224.4/mt) |
205.1 ($227.7mt) |
226.3 ($251.2/mt) |
E2/E8 - New steel scrap |
170.2 ($188.9/mt) |
201.9 ($224.1/mt) |
235.7 ($261.6/mt) |
232.5 ($258.1/mt) |
255.5 ($283.6/mt) |
E3 - Heavy old steel scrap |
172.1 ($191/mt) |
203.9 ($226.3/mt) |
231.3 ($256.7/mt) |
231.1 ($256.5/mt) |
251.2 ($278.8/mt) |
E40 - Shredded scrap |
178.1 ($197.7/mt) |
207.1 ($229.9/mt) |
236.2 ($262.2/mt) |
234.7 ($260.5/mt) |
256.0 ($284.2/mt) |
E5M - Steel turnings |
132.1 ($146.6/mt) |
160.3 ($177.9/mt) |
185.0 ($205.3/mt) |
183.6 ($203.8/mt) |
205.9 ($228.5/mt) |
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%
E5M - Turnings: excluding iron and automatic steel turnings
€1 = $1.11