According to the latest figures provided by the German steel scrap recycler association (BDSV), in the first 20 days of September this year domestic steel scrap prices in Germany recorded a decrease of €12/mt ($14/mt) on average compared to the corresponding period in the previous month, while in August a decline of €18/mt ($20/mt) had been recorded compared to July.
On year-on-year basis, in the first 20 days of September this year German domestic scrap prices indicated a more significant decrease of €78/mt ($87/mt) on average.
Scrap grade |
Price: |
Price: |
Price: |
Price: |
Price: |
E1 - Old steel scrap |
156 ($173/mt) |
166 ($184/mt) |
184 ($204/mt) |
204 ($226/mt) |
233 ($259/mt) |
E2/E8 - New steel scrap |
170 ($189/mt) |
184 ($204/mt) |
202 ($224/mt) |
221 ($245/mt) |
252 ($280/mt) |
E3 - Heavy old steel scrap |
172 ($191/mt) |
184 ($204/mt) |
203 ($225/mt) |
224 ($249/mt) |
249 ($276/mt) |
E40 - Shredded scrap |
179 ($199/mt) |
192 ($213/mt) |
208 ($231/mt) |
231 ($256/mt) |
260 ($289/mt) |
E5 - Steel turnings |
133 ($148/mt) |
144 ($160/mt) |
162 ($180/mt) |
179 ($199/mt) |
204 ($226/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).
€1 = $1.11
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