collection of scrap - Latest news GMK Center

The forecast has been revised downward amid weaker prospects for China and developed economies, while emerging markets are growing

The industry is in a state of systemic stagnation caused by the effects of the war, broader economic factors, and deindustrialization

Temporary restrictions on supplies from Ukraine do not affect the supply of scrap metal to Polish steel mills

This market may face an increase in regional trade restrictions

This will push up prices on the world market

Steelmakers plan to increase demand for scrap, while the market is already experiencing a shortage of raw materials

CEO of Interpipe Vtormet emphasizes that scrap exports increase the deficit and undermine Ukraine's economic and national security

Some traders may have claimed tax credits without any actual movement of raw materials

It is also recommended to create a system for its processing, classification, and distribution

Steel mills had to return to procurement after a long pause

All major markets are falling

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