Local German scrap prices recover during November

Thursday, 23 November 2017 17:17:07 (GMT+3)   |   Brescia

According to the latest figures provided by the German steel scrap recycler association (BDSV), in the first 20 days of November this year domestic steel scrap prices in Germany increased by €8.5/mt on average compared to the corresponding period of the previous month, after decreasing by €17.8/mt in October on month-on-month basis.
 
On year-on-year basis, in November this year German domestic scrap prices are up by a margin of €53/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:
Nov. 2017
(€/mt)

Price:
Oct. 2017
(€/mt)

Price:
Sept. 2017 
(€/mt)

Price:
Oct. 2016 
(€/mt)

E1 - Old steel scrap

223.6

217.4

235.9

175.4

E2/E8 - New steel scrap

246.5

238.1

255.4

187.9

E3 - Heavy old steel scrap

246.3

237.8

253.8

192.5

E40 - Shredded scrap

250.6

240.7

260.2

199.1

E5 - Steel turnings

204.4

194.9

212.7

153.4

 
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

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