Local German scrap prices increase in January

Wednesday, 25 January 2017 12:22:40 (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 rose by €29/mt on average compared to the corresponding period of the previous month, after increasing by €34/mt in November and by €6/mt in December, month on month.
 
On year-on-year basis, in January this year German domestic scrap prices are up by a margin of €81/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. 2017
(€/mt)

Price:
Dec. 2016 
(€/mt)

Price:
Nov. 2016 
(€/mt)

Price:
Jan. 2016 
(€/mt)

E1 - Old steel scrap

210.8 ($226/mt)

181.5 ($194/mt)

175.4 ($188/mt)

128.9 ($138/mt)

E2/E8 - New steel scrap

225.0 ($241/mt)

196.3 ($210/mt)

187.9 ($201/mt)

143.1 ($153/mt)

E3 - Heavy old steel scrap

226.9 ($243/mt)

197.7 ($212/mt)

192.5 ($206/mt)

145.8 ($156/mt)

E40 - Shredded scrap

235.6 ($252/mt)

204.3 ($219/mt)

199.1 ($213/mt)

154.5 ($165/mt)

E5 - Steel turnings

184.5 ($197/mt)

159.1 ($170/mt)

153.4 ($164/mt)

106.2 ($114/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 = $1.07

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