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Domestic steel scrap prices in EU up by 3% in December 2015-The 17th China(Guangzhou)Int’l Metal &Metallu
rgy Exhibition

1/21/2016  Metal &Metallurgy expo
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     Scrap Monster reported that the latest statistics released by the European Association of Iron and Steel (EUROFER) suggest marginal rise in domestic scrap steel prices during December last year. The average scrap prices rose nearly 3% over the previous month. However, the scrap prices were down significantly by almost one-third during the month when matched with those during Dec ’14.

During December last year, old scrap (E3) scrap prices averaged at 159/ton, marginally up by 3.92% over the previous month. The prices had averaged at 153/ton during Nov ’14. The E3 steel scrap prices were down significantly by 33.74% when matched with December 2014. The prices had averaged at 240/ton during Dec ‘14

The prices of new scrap low residuals uncoated (E2/E8/E6) averaged at 157/ton during December 2015. The prices were up slightly by 1.29% when matched with the previous month. However, the prices dropped significantly by over 33.19% when compared with December 2014.
-The 17th China(Guangzhou)Int’l Metal &Metallurgy Exhibition
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