German scrap prices declined in June: BDSV

Published: Jun 26, 2015 09:31

Save

As per the latest statistics provided by the German Steel Recycling Federation (BDSV), the country’s scrap prices dropped during the initial twenty-day period in June this year.

By Paul Ploumis 25 Jun 2015 Last updated at 03:41:40 GMT

BERLIN (Scrap Monster): As per the latest statistics provided by the German Steel Recycling Federation (BDSV), the country’s scrap prices dropped during the initial twenty-day period in June this year. During this period, the prices declined marginally by nearly €0.44 per ton.

The prices of old scrap decreased by €1 per ton to touch €204 per ton.

Shredded scrap prices went lower by €1 per ton to reach €231 per ton during this period.

On the other hand, prices of new arisings reached €221 per ton, rising €3 per ton from the previous month.

The demand for scrap remained weak from the country’s domestic construction sector during the month of June so far. The weakening demand scenario may result in further decline in scrap prices in the upcoming months, trade participants noted.

The German scrap prices had increased marginally during May this year. The prices of old scrap, shredded scrap and new arisings were €205 per ton, €232 per ton and €218 per ton during April ’15.

germany scrap price scrap export scrap import BDSV ferrous non-ferrous

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

52 mins ago

Data: SHFE, DCE market movement (Apr 01)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 01 Apr , 2026

52 mins ago

1 hour ago

Aluminum Prices Fluctuate at Highs, Downstream Buyers Mainly Procure Against Orders [SMM Spot Aluminum Midday Review]

1 hour ago

3 hours ago

Aluminum Alloy 2605 Contract Sees Midday Decline, ADC12 Prices Remain Stable Amid Narrowing Cost Fluctuations

[SMM Aluminum Alloy Daily Review] Futures side, before midday the most-traded aluminum alloy 2605 contract retreated after a rapid rise and then fluctuated downward. After opening, the price rose rapidly to an intraday high of 23,985 yuan/mt, then pulled back under pressure, with the session low falling to 23,535 yuan/mt. As of the midday close, it stood at 23,630 yuan/mt, down 115 yuan from the previous trading day, a decline of 0.48%. Spot side, ADC12 market prices were mainly stable today. As fluctuations in aluminum prices and aluminum scrap prices narrowed, cost support tended to stabilize, and enterprises generally lacked the motivation to adjust prices. Meanwhile, downstream demand showed no obvious improvement, with procurement still mainly driven by rigid demand, and market transa

3 hours ago