According to the latest figures provided by the German steel scrap recycler association (BDSV), in the first 20 days of October this year domestic steel scrap prices in Germany recorded a decrease of €34/mt ($38/mt) on average compared to the corresponding period in the previous month, whereas in September a decline of €12/mt ($13/mt) had been recorded compared to August.
On year-on-year basis, in the first 20 days of October this year German domestic scrap prices indicated a significant decrease of €96/mt ($108/mt) on average.
Scrap grade |
Price: |
Price: |
Price: |
Price: |
Price: |
E1 - Old steel scrap |
119 ($133/mt) |
156 ($175/mt) |
166 ($186/mt) |
184 ($206/mt) |
214 ($240/mt) |
E2/E8 - New steel scrap |
138 ($155/mt) |
170 ($190/mt) |
184 ($206/mt) |
202 ($226/mt) |
237 ($265/mt) |
E3 - Heavy old steel scrap |
138 ($155/mt) |
172 ($193/mt) |
184 ($206/mt) |
203 ($227/mt) |
236 ($264/mt) |
E40 - Shredded scrap |
143 ($160/mt) |
179 ($200/mt) |
192 ($215/mt) |
208 ($233/mt) |
244 ($273/mt) |
E5 - Steel turnings |
103 ($115/mt) |
133 ($145/mt) |
144 ($161/mt) |
162 ($181/mt) |
191 ($214/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 = $1.12