In February this year, prices had decreased by €17/mt ($19/mt) compared to the previous month, while in the first month of this year prices had increased by €5/mt ($5.5/mt) month on month.
On the other hand, on year-on-year basis, in the first 20 days of March this year German domestic scrap prices indicated a significant decrease of €26/mt ($29/mt) on average.
Scrap grade |
Price: |
Price: |
Price: |
Price: |
Price: |
E1 - Old steel scrap |
185 ($204/mt) |
189 ($208/mt) |
205 ($226/mt) |
197 ($217/mt) |
209 ($/230mt) |
E2/E8 - New steel scrap |
204 ($224/mt) |
208 ($229/mt) |
226 ($249/mt) |
224 ($246/mt) |
239 ($263/mt) |
E3 - Heavy old steel scrap |
207 ($228/mt) |
208 ($229/mt) |
223 ($245/mt) |
221 ($243/mt) |
236 ($260/mt) |
E40 - Shredded scrap |
214 ($235/mt) |
215 ($237/mt) |
233 ($256/mt) |
227 ($250/mt) |
240 ($264/mt) |
E5 - Steel turnings |
162 ($178/mt) |
164 ($180/mt) |
183 ($201/mt) |
177 ($195/mt) |
178 ($196/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 = $1.10