As announced by the European Foundry Association (CAEF) on its website, the publication of the scrap price index will be discontinued from March 2025. Accordingly, the CAEF index will no longer be available to track the development of scrap prices in the future.
Statement from CAEF on the corresponding homepage:

“We regret to inform you that, as of the end of March 2025, CAEF will discontinue the publication of the monthly scrap index due to our inability to ensure the continued representativeness of the underlying data. We apologise for any inconvenience this may cause.”

We want to continue to give you the opportunity to follow up the development of scrap and pig iron prices in the future. We will therefore calculate a new index for continuous casting with values that are publicly available.

This is made up as follows:
50% BDSV 2/8
25% FEAF Basic Pig Iron
25% FEAF Scrap Steel

This means that both the price development of pig iron and scrap is included in the index. Our analysis has shown that this index has also reflected price trends in the past in parallel with the old index.
We will publish the index on our website and update it regularly.