Germany’s local scrap prices rise for third straight month in Jan

Thursday, 24 January 2013 10:40:14 (GMT+3)   |   Brescia

According to the latest figures provided by German steel scrap recycler association (BDSV), in the first 20 days of the month of January domestic steel scrap prices increased by €4-6/mt ($5-8/mt). January is the third month in a row in which a month-on-month increase has been recorded, even if the growth rate has slowed down compared to November and December.

 

Category

Price Jan 2013 (€/mt)

Price Dec 2012 (€/mt)

Price Jan 2012 (€/mt)

E1-Old steel scrap

262 ($351/mt)

257 ($344/mt)

278 ($373/mt)

E2/E8-New steel scrap

290 ($389/mt)

287 ($385/mt)

309 ($414/mt)

E3-Heavy old steel scrap

289 ($387/mt)

284 ($381/mt)

304 ($407/mt)

E40-Shredded scrap

298 ($399/mt)

294 ($394/mt)

312 ($418/mt)

E5-Steel Turnings

241 ($323/mt)

235 ($315/mt)

252 ($338/mt)

*Average prices for domestic transactions all across Germany in the first 20 days of the given month. Prices are provided by Bundesvereinigung Deutscher Stahlrecycling- und Entsorgungsunternehmen e.V. (BDSV).

Specifications:

E1-Old steel scrap: thickness ≥ 4 mm, maximum dimensions 1.50 m x 0.50 m x 0.50 m

E2/E8-New steel scrap: maximum dimensions 1.50 m x 0.50 m x 0.50 m

E3-Heavy old steel scrap: thickness ≥ 6 mm, maximum dimensions 1.50 m x 0.50 m x 0.50 m

E40-Shredded scrap: excluding incinirator steel scrap and collection scrap, density ≥ 1.1 mt/m3, Fe≥92%.

E5-Turnings: excluding iron and automatic steel turnings

€1 = $ 1.34

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