Scrap prices have continued to increase in the German domestic market in the past few weeks, after bouncing back by €30/mt on average in November. According to the latest data provided by the German steel scrap recycler association (BDSV), in the first 20 days of December prices increased by €17-18/mt month on month. However, they declined by €36/mt on average compared to December last year.
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: December 2019 (€/mt) |
Price: November 2019 (€/mt) |
Price: December 2018 (€/mt) |
E1 - Old steel scrap |
207.5 |
180.3 |
227.8 |
E2/E8 - New steel scrap |
214.4 |
197.8 |
260.5 |
E3 - Heavy old steel scrap |
219.6 |
201.7 |
255.6 |
E40 - Shredded scrap |
220.0 |
206.8 |
260.0 |
E5M - Steel turnings |
172.0 |
159.2 |
208.3 |
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%
E5M - Turnings: excluding iron and automatic steel turnings