German scrap market continues its uptrend in January

Wednesday, 22 January 2020 13:36:56 (GMT+3)   |   Brescia
       

Scrap prices have increased in the German domestic market for the third month in a row. According to the latest data provided by the German steel scrap recycler association (BDSV), in the first 20 days of January prices increased by €15/mt month on month. Meanwhile, the year-on-year decrease shrank to an average of €7.6/mt, compared to €36/mt in December 2019.

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: January 2020 (€/mt)

Price: December 2019 (€/mt)

Price: January 2019 (€/mt)

E1 - Old steel scrap

213.2

207.5

209.2

E2/E8 - New steel scrap

229.7

214.4

244.1

E3 - Heavy old steel scrap

233.3

219.6

238

E40 - Shredded scrap

242.3

220

239.6

E5M - Steel turnings

191.8

172

191


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


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