Local French scrap prices up slightly in May from April levels

Thursday, 04 June 2015 17:29:25 (GMT+3)   |   Brescia
       

In May this year, local French steel scrap prices have mostly indicated just a slight increase compared to April, according to the latest data issued by the French Steel Federation (FFA).

In May, while prices of busheling (E8) decreased by less than €1/mt compared to April, prices of other scrap grades indicated month-on-month price increases in the range of €1-6/mt.

However, on year-on-year basis, in May local French scrap prices decreased by a significant €25/mt on average, as shown in the following table:

 

Category

Price: May 2015 (€/mt)

Price: Apr. 15 (€/mt)

Price: May. 2014 (€/mt)

E1C (HMS II)

217 ($243/mt)

216 ($242/mt)

241 ($270/mt)

E3 (HMS I)

234 ($262/mt)

233 ($261/mt)

259 ($290/mt)

E40 (Shredded)

244 ($273/mt)

238 ($267/mt)

268 ($300/mt)

E5M (Turnings)

198 ($222/mt)

193 ($216/mt)

219 ($245/mt)

E8 (Busheling)

237 ($265/mt)

238 ($267/mt)

268 ($300/mt)

€1 = $1,12


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