According to the latest figures provided by the German steel scrap recycler association (BDSV), in the first 20 days of November this year domestic steel scrap prices in Germany recorded very slight variations compared to the corresponding period in the previous month, whereas in October a decline of €34/mt (€37/mt) had been recorded compared to September.
On year-on-year basis, in the first 20 days of October this year German domestic scrap prices indicated a significant decrease of €81/mt ($87/mt) on average.
| Scrap grade | Price: | Price: | Price: | Price: | Price: |
| E1 - Old steel scrap | 122 ($131/mt) | 119 ($128/mt) | 156 ($167/mt) | 166 ($178/mt) | 200 ($214/mt) |
| E2/E8 - New steel scrap | 137 ($147/mt) | 138 ($148/mt) | 170 ($182/mt) | 184 ($197/mt) | 222 ($238/mt) |
| E3 - Heavy old steel scrap | 138 ($148/mt) | 138 ($148/mt) | 172 ($184/mt) | 184 ($197/mt) | 221 ($237/mt) |
| E40 - Shredded scrap | 146 ($157/mt) | 143 ($153/mt) | 179 ($192/mt) | 192 ($206/mt) | 228 ($244/mt) |
| E5 - Steel turnings | 101 ($108/mt) | 103 ($111/mt) | 133 ($143/mt) | 144 ($154/mt) | 176 ($189/mt) |
Prices are average prices for domestic transactions across Germany in the first 20 days of the given month. The 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 = $1.07