collection of scrap

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

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

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

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

Monthly export volumes are approaching pre-war levels

Export of raw materials increased by 25% m/m and is 19.1% of the total collection for the month

Exports of raw materials accounted for 12.4% of the total harvesting volume

The supply of raw materials to steel enterprises decreased by 22.9% m/m

The closing of the deal is expected in the coming months

During the same period, the supply of raw materials to consumers increased by 15.4% y/y

Domestic supplies of raw materials to steel plants decreased by 6.9% y/y in 9 months

Currently, the country produces about 22 million tons of scrap per year