In November this year, local French steel scrap prices have generally stopped decreasing on month-on-month basis, indicating variations between -€ 4/mt ($4.2/mt) and +€5/mt ($5.3/mt) compared to October, according to the latest data issued by the French Steel Federation (FFA).
On year-on-year basis, in November local French scrap prices decreased by a significant €86/mt ($91/mt) on average, as shown in the following table:
Category |
Price: November 2015 (€/mt) |
Price: October 2015 (€/mt) |
Price: September 2015 (€/mt) |
Price: November 2014 (€/mt) |
E1C (HMS II) |
136 ($144/mt) |
133 ($141/mt) |
173 ($183/mt) |
220 ($233/mt) |
E3 (HMS I) |
148 ($157/mt) |
148 ($157/mt) |
190 ($201/mt) |
234 ($248/mt) |
E40 (Shredded) |
154 ($163/mt) |
149 ($158/mt) |
192 ($204/mt) |
243 ($258/mt) |
E5M (Turnings) |
115 ($122/mt) |
115 ($122/mt) |
154 ($163/mt) |
196 ($208/mt) |
E8 (Busheling) |
150 ($159/mt) |
153 ($162/mt) |
196 ($208/mt) |
240 ($254/mt) |
€1 = $1.06