collection of scrap

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India is considering a strategy to increase domestic scrap production

Currently, the country covers 25% of its needs for this raw material through imports

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US scrap prices began to decline in early April

Buyers do not support further growth amid increased supply from scrap metal collectors

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Ukrainian Parlament has named a condition for exporting scrap to Turkiye

The Cabinet of Ministers will prepare official explanations for customs

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A paradoxical situation has arisen on the Ukrainian scrap market

The main export destination has become the European Union, which itself is a major supplier of scrap

Scrap collection in Ukraine in 2024 amounted to only 1.7 million tons

Last year scrap exports grew by 61% to 293 thousand tons

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Scrap exports from Ukraine in August reached its highest level since 2021

The scrap industry continues to increase the export of raw materials, which are critically important for the stable operation of domestic steel industry

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Ukrainian Railways has not sold scrap for more than a year

The company stopped selling scrap at open auctions despite the critical need for raw materials by the steel industry of Ukraine

EU scrap market balance

The EU steel industry has a huge unrealized potential to increase scrap consumption to meet the goals of reducing carbon emissions and developing a circular economy

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Scrap collection in Ukraine may reach 1.8 mln tons in 2024

Scrap collection is growing, but the industry is experiencing a number of problems that limit its potential

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Exports of scrap from Ukraine increased by 46.9% y/y in January-July

Monthly export volumes are approaching pre-war levels

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