Local German scrap price levels in June

Tuesday, 24 June 2014 17:50:41 (GMT+3)   |   Brescia
According to the latest figures provided by the German steel scrap recycler association (BDSV), in the first 20 days of June domestic steel scrap prices in Germany decreased by €2-4/mt compared to the same period in the month of May. In February and March, scrap quotations had recorded an average month-on-month decrease of €15-16/mt, while in April prices had increased by €12-19/mt compared to the previous month. In May, local scrap prices had decreased on average by €1.92/mt month on month.

On the other hand, in the first 20 days of June this year, German domestic scrap prices indicated an increase of €3-11/mt on year-on-year basis.

Category

Price:
June 2014 (€/mt)

Price:
May 2014 (€/mt)

Price:
Apr. 2014 (€/mt)

Price:
Mar. 2014 (€/mt)

Price:
Feb. 2014 (€/mt)

E1 - Old steel scrap

220

224 

224 

209 

223 

E2/E8 - New steel scrap

245

249 

252 

239 

250 

E3 - Heavy old steel scrap

244

247 

248 

236 

247 

E40 - Shredded scrap

249

253 

256 

240 

255 

E5 - Steel Turnings

192

194 

197 

178 

197 

 *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 incinerator steel scrap and collection scrap; density ≥ 1.1 mt/m3, Fe ≥ 92%.
E5 - Turnings: excluding iron and automatic steel turnings

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