According to the latest figures provided by German steel scrap recycler association (BDSV), in the month of December domestic steel scrap prices increased by €9.5-11.5/mt ($13-15/mt) month on month. Thanks to the two-month uptrend, the fall of quotations recorded in October has been completely reabsorbed. The price gap between higher and lower priced qualities is basically stable in December, standing at €58.7/mt ($77/mt) compared to €57.5/mt ($76/mt) witnessed in November.
Compared to December 2011, German domestic scrap prices show minimal variations.
Category |
Price Dec. 2012 (€/mt) |
Price Nov. 2012 (€/mt) |
Price Dec. 2011 (€/mt) |
E1 - Old steel scrap |
256.5 ($339/mt) |
246.9 ($326/mt) |
254.4 ($336/mt) |
E2/E8 - New steel scrap |
286.5 ($378/mt) |
274.9 ($363/mt) |
287.5 ($380/mt) |
E3 - Heavy old steel scrap |
284.2 ($375/mt) |
272.1 ($359/mt) |
282.6 ($373/mt) |
E40 - Shredded scrap |
293.9 ($388/mt) |
282.5 ($373/mt) |
288.8 ($381/mt) |
E5 - Steel Turnings |
235.2 ($310/mt) |
225.0 ($297/mt) |
231.5 ($306/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 1.5 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 incinirator steel scrap and collection scrap, density ≥ 1,1 mt/m3, Fe≥92%.
E5-Turnings: excluding iron and automatic steel turnings
€1 = $1.32