Local German scrap price levels in January

Thursday, 22 January 2015 17:09:57 (GMT+3)   |   Brescia
According to the latest figures provided by the German steel scrap recycler association (BDSV), in the first 20 days of January this year domestic steel scrap prices in Germany recorded a €5/mt increase compared to the corresponding period in the month of December 2014.

In December last year, prices had shown variations from -3.0 percent to +1.5 percent compared to the previous month.

On the other hand, on year-on-year basis, in the first 20 days of January this year German domestic scrap prices indicated a significant decrease of €34/mt on average.

Scrap grade

Price:
January 2015 
(€/mt)

Price:
December 2014 
(€/mt)

Price:
November 2014 
(€/mt)

Price:
October 2014 
(€/mt)

E1 - Old steel scrap

205 ($238/mt)

196 ($227/mt)

200 ($232/mt)

214 ($248/mt)

E2/E8 - New steel scrap

226 ($262/mt)

224 ($260/mt)

222 ($258/mt)

237 ($275/mt)

E3 - Heavy old steel scrap

223 ($259/mt)

221 ($256/mt)

221 ($256/mt)

236 ($274/mt)

E40 - Shredded scrap

233 ($270/mt)

227 ($263/mt)

228 ($264/mt)

244 ($283/mt)

E5 - Steel turnings

183 ($212/mt)

177 ($205/mt)

176 ($204/mt)

191 ($222/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 = $1.16

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