Local German scrap prices increase further in January

Tuesday, 23 January 2018 12:19:26 (GMT+3)   |   Brescia
       

According to the latest figures provided by the German steel scrap recycler association (BDSV), in the first 20 days of January this year domestic steel scrap prices in Germany increased by €7.24/mt on average compared to the corresponding period of the previous month, after increasing by €13.9/mt in December and by €8.5/mt in November, both on month-on-month basis. The current levels are the highest since April 2013.

On year-on-year basis, in January this year German domestic scrap prices are up by a margin of €38.2/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:
Jan. 2018
(€/mt)

Price:
Dec. 2017
(€/mt)

Price:
Nov. 2017
(€/mt)

Price:
Jan. 2017 
(€/mt)

E1 - Old steel scrap

244.5 ($298/mt)

240.0 ($293/mt)

223.6 ($273/mt)

210.8 ($257/mt)

E2/E8 - New steel scrap

270.6 ($330/mt)

262.6 ($320/mt)

246.5 ($301/mt)

225.0 ($275/mt)

E3 - Heavy old steel scrap

266.3 ($325/mt)

261.5 ($319/mt)

246.3 ($300/mt)

226.9 ($277/mt)

E40 - Shredded scrap

272.9 ($333/mt)

262.2 ($320/mt)

250.6 ($306/mt)

235.6 ($287/mt)

E5 - Steel turnings

222.6 ($272/mt)

214.4 ($262/mt)

204.4 ($249/mt)

184.5 ($225/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%
E5 - Turnings: excluding iron and automatic steel turnings

€1 = $1.22


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