Local German scrap prices down slightly in September from August

Tuesday, 27 September 2016 17:01:27 (GMT+3)   |   Brescia

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 decreased slightly by €1.26/mt ($1.3/mt) on average compared to the corresponding period of the previous month.

On year-on-year basis, in September this year German domestic scrap prices were down €7/mt ($7.8/mt) on average.

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).

 

Scrap grade

Price:
September 2016 
(€/mt)

Price:
August 2016 
(€/mt)

Price:
July 2016 
(€/mt)

Price:
September 2015 
(€/mt)

E1 - Old steel scrap

150.6 ($169/mt)

151.0 ($169/mt)

141.0 ($158/mt)

155.7 ($174/mt)

E2/E8 - New steel scrap

162.3 ($182/mt)

165.1 ($185/mt)

153.8 ($172/mt)

170.3 ($191/mt)

E3 - Heavy old steel scrap

164.7 ($184/mt)

165.7 ($186/mt)

155.7 ($174/mt)

172.1 ($193/mt)

E40 - Shredded scrap

170.8 ($191/mt)

172.4 ($193/mt)

161.9 ($181/mt)

178.8 ($200/mt)

E5 - Steel turnings

128.2 ($144/mt)

127.7 ($143/mt)

119.7 ($134/mt)

133.1 ($149/mt)


 

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%

€1 = $1.12

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