Scrap prices have increased in the German domestic market in May after decreasing in February, March, and April. According to the latest data provided by the German steel scrap recycler association (BDSV), in the first 20 days of May local scrap prices increased by €9/mt on average month on month. Meanwhile, the year-on-year decrease was €30/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: May 2020 (€/mt) |
Price: April 2020 (€/mt) |
Price: May 2019 (€/mt) |
|
E1 - Old steel scrap |
187.1 |
180.1 |
214.0 |
|
E2/E8 - New steel scrap |
210.0 |
198.3 |
248.0 |
|
E3 - Heavy old steel scrap |
209.1 |
199.5 |
242.4 |
|
E40 - Shredded scrap |
214.4 |
205.3 |
246.6 |
|
E5M - Steel turnings |
174.8 |
165.1 |
195.7 |
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