scrap export - Latest news GMK Center

Restrictions could close foreign markets for scrap traders

Currently, the country is discussing the project of the relevant order

The export of this raw material is subject to the requirement to submit a corresponding declaration

The collection of raw materials for the same period is estimated to be 1 million tons

Stainless steel scrap is exempt from the ban

Domestic supplies of raw materials to steel plants for May 2023 fell by 37.8% m/m

Domestic deliveries of raw materials to steel mills fell by 2.7% m/m in April 2023

Demand for raw materials from European steel producers is increasing

The ban applies to all types of ferrous scrap, but does not include alloyed or corrosion-resistant scrap

Domestic supplies of raw materials to steel plants for March 2023 increased by 23.6% m/m

Domestic supplies of scrap to steel plants for February 2023 increased by 43.3% m/m

Domestic supplies of scrap metal to steel plants in January 2023 amounted to 49.4 thousand tons