According to the latest figures provided by the German steel scrap recycler association (BDSV), in the first 20 days of February this year domestic steel scrap prices in Germany recorded a €17/mt decrease compared to the corresponding period in the previous month.
In January this year, prices had increased by €5/mt compared to the previous month.
On the other hand, on year-on-year basis, in the first 20 days of February this year German domestic scrap prices indicated a significant decrease of €38/mt on average.
Scrap grade |
Price: |
Price: |
Price: |
Price: |
Price: |
E1 - Old steel scrap |
189 |
205 |
196 |
200 |
223 |
E2/E8 - New steel scrap |
208 |
226 |
224 |
222 |
250 |
E3 - Heavy old steel scrap |
208 |
223 |
221 |
221 |
247 |
E40 - Shredded scrap |
215 |
233 |
227 |
228 |
255 |
E5 - Steel turnings |
164 |
183 |
177 |
176 |
197 |
*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