In March this year, prices had decreased by €2/mt ($2.16/mt) compared to the previous month, while in February and in January of this year prices had decreased by €17/mt ($18/mt) and increased by €5/mt ($5.4/mt) respectively, both month on month.
On the other hand, on year-on-year basis, in the first 20 days of April this year German domestic scrap prices indicated a significant decrease of €24/mt ($26/mt) on average.
Scrap grade |
Price: |
Price: |
Price: |
Price: |
E1 - Old steel scrap |
202 ($218/mt) |
185 ($120/mt) |
189 ($204/mt) |
224 ($177/mt) |
E2/E8 - New steel scrap |
221 ($239/mt) |
204 ($220/mt) |
208 ($225/mt) |
252 ($272/mt) |
E3 - Heavy old steel scrap |
222 ($240/mt) |
207 ($224/mt) |
208 ($225/mt) |
247 ($267/mt) |
E40 - Shredded scrap |
231 ($249/mt) |
214 ($231/mt) |
215 ($232/mt) |
253 ($273/mt) |
E5 - Steel turnings |
179 ($193/mt) |
162 ($175/mt) |
164 ($177/mt) |
194 ($210/mt) |
*Average prices for domestic transactions 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 incinerator steel scrap and collection scrap; density ≥ 1.1 mt/m3, Fe ≥ 92%.
E5 - Turnings: excluding iron and automatic steel turnings
€1 = $1.08