Scrap prices have decreased in the German domestic market in February after increasing during the previous three months. According to the latest data provided by the German steel scrap recycler association (BDSV), in the first 20 days of February local scrap prices declined by €19/mt on average month on month. Meanwhile, the year-on-year decrease was €31/mt on average.
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: February 2020 (€/mt) |
Price: January 2020 (€/mt) |
Price: February 2019 (€/mt) |
|
E1 - Old steel scrap |
195.6 |
213.2 |
224.3 |
|
E2/E8 - New steel scrap |
209.3 |
229.7 |
250.3 |
|
E3 - Heavy old steel scrap |
214.2 |
233.3 |
249.3 |
|
E40 - Shredded scrap |
220.2 |
242.3 |
251.3 |
|
E5M - Steel turnings |
176.4 |
191.8 |
197.0 |
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